Politics
November 04, 2024
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Calls to reduce court intervention in Arbitration Act amendment as consultation window closes

While reforms pitched by the government seek to promote institutional arbitration, they still have provisions which would delay dispute resolution by allowing courts to intervene, said experts. When the Arbitration Act was amended for the second time in 2019, it was strengthened to give powers of grading arbitration institutions to the Arbitration Council of India […]

Politics
October 18, 2024
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Govt seeks to amend law to bolster institutional arbitration

New Delhi: The Union law ministry has proposed to strengthen the process of institutional arbitration by making provisions for appellate arbitral tribunals, giving disputants the option to appeal arbitral awards without moving courts of law. This provision would, however, only be available for arbitrations conducted under the aegis of arbitration institutions, as per the draft […]