Palkhivala Foundation is a trust formed by a few like-minded individuals, to promote the values cherished by Mr. Palkhivala, the great jurist and visionary for the well being of our society. Nani Palkhivala Arbitration Centre (NPAC), is a non-profit company registered under section 25 of the Companies Act, 1956. NPAC was founded by the Palkhivala Foundation to promote institutional arbitration in India, keeping in mind the growing burden on Indian courts and the inordinate delay in disposal of cases.