• Login
  • Register
  • PRO
    • PRO Compliance plan
    • PRO Compliance
    • PRO subscription plans
    • Curated articles
    • In-depth
    • Market intelligence
    • Practice guides
    • PRO Reports New
    • Lexology GTDT
    • Ask Lexy
  • PRO
  • Latest
  • GTDT
  • Research
  • Learn
  • Experts
  • Store
  • Blog
  • Events
  • Popular
  • Influencers
  • About
  • Explore
  • Legal Research
  • Primary SourcesBeta
  • PRO Compliance

Introducing PRO Compliance
The essential resource for in-house professionals

  • Compare
  • Topics
  • Interviews
  • Guides
Getting The Deal Through joins Lexology
GTDT and Lexology Navigator have merged

CONTENT DEVELOPMENT

Become your target audience’s go-to resource for today’s hottest topics.

  • Trending Topics New
  • Discover Content
  • Horizons Beta
  • Ideation

CLIENT INTELLIGENCE

Understand your clients’ strategies and the most pressing issues they are facing.

  • Track Sectors
  • Track Clients
  • Mandates New
  • Discover Companies
  • Reports Centre New

COMPETITOR INTELLIGENCE

Keep a step ahead of your key competitors and benchmark against them.

  • Benchmarking
  • Competitor Mandates New

Lexology PRO

Power up your legal research with modern workflow tools, AI conceptual search and premium content sets that leverage Lexology's archive of 900,000+ articles contributed by the world's leading law firms. 

PRO Compliance plan
PRO subscription plans

Premium content

  • Curated articles
  • In-depth
  • Market intelligence
  • Practice guides
  • PRO Reports New

Analysis tools

  • Lexology GTDT
  • Ask Lexy
Explore all PRO content PRO Compliance
  • Find experts
  • About
  • Firms
Introducing Instruct Counsel
The next generation search tool for finding the right lawyer for you.
Back Forward
  • Save & file
  • View original
  • Forward
  • Share
    • Facebook
    • Twitter
    • Linked In
  • Follow
    Please login to follow content.
  • Like
  • Instruct

add to folder:

  • My saved (default)
  • Read later
Folders shared with you

Register now for your free, tailored, daily legal newsfeed service.

Questions? Please contact [email protected]

Register

The Arbitration and Conciliation (Amendment) Act, 2019 - Entering a New Domain

Khaitan & Co
MEMBER FIRM OF Meritas

To view this article you need a PDF viewer such as Adobe Reader. Download Adobe Acrobat Reader

If you can't read this PDF, you can view its text here. Go back to the PDF .

India October 18 2019

Background  

The Arbitration and Conciliation (Amendment) Act, 2019 (2019 Amendment Act), as a bill, was passed by the lower house of Parliament (Lok Sabha) on 1 August 2019and passed by the upper house of Parliament (Rajya Sabha) on 18 July 2019.  Soon after, on 9 August 2019, the 2019 Amendment Act received the assent of the President and was published as Act No. 33 of 2019. Thereafter, certain sections of the 2019 Amendment Act were notified on 30 August 2019. 

The 2019 Amendment Act has been one of the most awaited and commented legislation amendments in recent times, dividing opinions alike since it was first tabled in Lok Sabha on 10 August 2018. However, its passing was delayed due to the lapse of the 16th session of the Lok Sabha.  

The 2019 Amendment Act encapsulates various recommendations made by the High Level Committee (Committee) formed under the Chairmanship of Justice B N Srikrishna, Retired Judge, Supreme Court of India which submitted its Report on 30 July 2017. The Committee was constituted by the Central Government in order to eliminate some challenges/ difficulties with respect to the Arbitration and Conciliation (Amendment) Act 2015 (“2015 Amendment Act”) and rationalize institutional arbitration vis-a-vis ad hoc arbitration.  

The 2019 Amendment Act further addresses measures to make the arbitration procedure more robust and friendly, with a clear emphasis to address the ease of doing business ranking, as well as making India a hub for international commercial arbitrations. The 2019 Amendment Act also aims on streamlining and encouraging institutional arbitration by establishing an independent body and promoting ADR in India as detailed subsequently in this article. Perhaps the biggest takeaway of the 2019 Amendment Act is that it is a move towards institutionalising arbitration in India. 

 

“The content of this document do not necessarily reflect the views / position of Khaitan & Co but remain solely those of the author(s). For any further queries or follow up please contact Khaitan & Co at  [email protected]”

Khaitan & Co - Raj Panchmatia, Manavendra Mishra and Rajeswari Mukherjee
Back Forward
  • Save & file
  • View original
  • Forward
  • Share
    • Facebook
    • Twitter
    • Linked In
  • Follow
    Please login to follow content.
  • Like
  • Instruct

add to folder:

  • My saved (default)
  • Read later
Folders shared with you

Filed under

  • India
  • Arbitration & ADR
  • Litigation
  • Khaitan & Co

Tagged with

  • Arbitration and Conciliation Act 1996

If you would like to learn how Lexology can drive your content marketing strategy forward, please email [email protected].

Powered by Lexology
loading...

Related research hubs

  • India
  • Litigation
  • Arbitration & ADR
Chris Heaphy
General Counsel
The Taubman Company
What our clients say

"I enjoy your publication and read it religiously."

Back to Top
  • Terms of use
  • Cookies
  • Disclaimer
  • Privacy policy
  • GDPR compliance
  • RSS feeds
  • Contact
  • Submissions
  • About
  • Login
  • Register
  • Follow on Twitter
  • Search
Law Business Research

© Copyright 2006 - 2021 Law Business Research