Establishing a centralised oversight institution for tribunals would significantly enhance India's justice delivery system, making it more responsive and efficient, industry body CII said on Sunday.
This move would also boost regulatory credibility, improve ease of doing business, and increase investor confidence, Confederation of Indian Industry (CII) added.
To provide legislative backing to this exercise, suitable amendments may be introduced in the Tribunals Reforms Act, 2021, defining the mandate, structure, scope, and responsibilities, according to CII.
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