Lok Sabha passes bill to set up International Arbitration centre
5 years, 8 months ago

Lok Sabha passes bill to set up International Arbitration centre

India TV News  

The Lok Sabha on Wednesday passed a Bill for establishing an International Arbitration Centre here to create an independent and autonomous regime for institutionalized arbitration. Moving the New Delhi International Arbitration Centre Bill, 2019, aiming to set up an autonomous and independent institution for better management of arbitration in the country, for passage, Union Law and Justice Minister Ravi Shankar Prasad said the Bill would also consider the acquisition and transfer of undertakings of the International Centre for Alternative Dispute Resolution and to vest them in the new centre. The Bill A similar Bill was passed by the Lok Sabha on January 4, but it lapsed with the dissolution of the house. Watch | Aaj Ki Baat: Know why Rahul Gandhi will now sit in second row in Lok Sabha | July 9, 2019

International Arbitration Lok Sabha International Arbitration Lok Centre Sabha Bill International Arbitration Centre  institution  international  bill  read  set  passes  centre  sabha  lok  arbitration  passed

History of this topic

The Draft Arbitration And Conciliation Amendment Bill, 2024: A Step Towards Reforming India's Arbitration Framework?
1 month, 3 weeks ago

The Draft Arbitration And Conciliation Amendment Bill, 2024: A Step Towards Reforming India's Arbitration Framework?

Live Law  

The Draft Arbitration and Conciliation Bill, 2024, aims to significantly transform India's arbitration landscape. In Amazon v. Future Retail, the Supreme Court held that an award by an emergency arbitrator in an arbitration seated in India is “enforceable” under Section 17. The Draft Arbitration and Conciliation Bill, 2024, is an ambitious step towards modernizing India's arbitration landscape. With key reforms …

[Arbitration Act] S.2(1)(f) Is Non-Derogable, Applicability Cannot Be Excluded Even By Mutual Consent Of Parties: Delhi High Court
3 months, 2 weeks ago

[Arbitration Act] S.2(1)(f) Is Non-Derogable, Applicability Cannot Be Excluded Even By Mutual Consent Of Parties: Delhi High Court

Live Law  

The Delhi High Court bench of Justice Neena Bansal Krishna has held that section 2 of the Arbitration Act which defined the International Commercial Arbitration is a non derogable provision and its applicability cannot be excluded even by mutual consent of the parties. However, certain Sections of the Act, like S.2 which is the definition section, form the basic structure …

India aims to be global arbitration hub. And cut costs for its biggest litigant.
7 months, 1 week ago

India aims to be global arbitration hub. And cut costs for its biggest litigant.

Live Mint  

New Delhi: The Union law ministry has commissioned a study of the legal frameworks in top international commercial centers as part of its efforts to position India as a global arbitration hub. The ministry is looking to address challenges in India’s arbitration system and improve the execution of arbitral awards, or out-of-court settlements, two officials said, declining to be identified. …

Arbitration Cases Monthly Round-Up: May 2023
1 year, 9 months ago

Arbitration Cases Monthly Round-Up: May 2023

Live Law  

SUPREME COURT: Referral Court Has Duty To Conclusively Decide Issue Of ‘Existence & Validity Of Arbitration Agreement’ Raised At Pre-Referral Stage: Supreme Court Case Title: Magic Eye Developers Pvt. Delay In Resuming The Arbitration Proceedings Will Not Make The Claim Time Barred: Calcutta High Court Case Title: East India Minerals Limited vs The Orissa Mineral Development Company Limited The Calcutta …

Judiciary must step in to ensure an effective arbitration ecosystem: CJI
2 years, 1 month ago

Judiciary must step in to ensure an effective arbitration ecosystem: CJI

Hindustan Times  

The judiciary has to play an important role in ensuring an effective arbitration ecosystem by stepping in to protect the independence and impartiality of arbitral proceedings, Chief Justice of India DY Chandrachud said on Thursday, while also stressing on the need for a “gender-diverse arbitral pool” to bring experiential learning to the entire process. Not least of those interventions is …

'Urgent Need Of A Credible Institutional Arbitration Centre In India': Delhi High Court Rejects Plea Alleging Bias In Composition Of DIAC
2 years, 3 months ago

'Urgent Need Of A Credible Institutional Arbitration Centre In India': Delhi High Court Rejects Plea Alleging Bias In Composition Of DIAC

Live Law  

Dismissing a public interest litigation challenging the constitutional validity of Section 5 of the New Delhi International Arbitration Centre Act, the Delhi High Court has said that mere involvement and support of the Centre does not by itself raise apprehension of bias and impartiality.The provision provides for constitution of New Delhi International Arbitration Centre with following. Dismissing a public interest …

Parliament Winter Session Live Updates
2 years, 3 months ago

Parliament Winter Session Live Updates

The Hindu  

Rajya Sabha passed the Constitution Orders Bill, 2022 on Wednesday. Later, Law Minister Kiren Rijuju moved the New Delhi International Arbitration Centre Bill, 2022 for consideration in the Rajya Sabha, and it was passed just before the house adjourned for the day. Rajya Sabha | 6.00 p.m. New Delhi International Arbitration Centre bill passed The New Delhi International Arbitration Centre …

Constitution (SC and ST) Orders (Second Amendment) Bill, 2022 and New Delhi International Arbitration Centre (Amendment) Bill, 2022 listed in RS for passage
2 years, 4 months ago

Constitution (SC and ST) Orders (Second Amendment) Bill, 2022 and New Delhi International Arbitration Centre (Amendment) Bill, 2022 listed in RS for passage

ANI News  

Delhi, December 13 : The BJP led Central government has listed the 'Constitution Orders Bill, 2022' and the 'New Delhi International Arbitration Centre Bill, 2022' for the legislative business in the Rajya Sabha on Tuesday for consideration and passage. Union Law Minister Kiren Rijiju is expected to move the New Delhi International Arbitration Centre Bill, 2022, which was introduced in …

Lok Sabha passes Bill to establish carbon markets
2 years, 7 months ago

Lok Sabha passes Bill to establish carbon markets

The Hindu  

The Lok Sabha on Monday passed the Energy Conservation Bill, 2022, which provides for the establishment of carbon credit markets and brings large residential buildings under the energy conservation regime. He said he was not against the Bill, but expressed concerns that the carbon markets would lead to a “revolving door” between the government, businesses and NGOs. National Conference member …

Parliament Round-Up: VP Naidu's Farewell, 3 Bills Passed & Sine Die Adjournment
2 years, 7 months ago

Parliament Round-Up: VP Naidu's Farewell, 3 Bills Passed & Sine Die Adjournment

The Quint  

Former Vice President and Rajya Sabha Chairman Venkaiah Naidu made his final remarks in the House, saying, "My only appeal to them, to maintain decency, dignity, and decorum so that the image and respect of the House is maintained." Prime Minister Narendra Modi, while giving his farewell speech to the outgoing vice president, said that the Upper House's productivity increased …

Supreme Court Quarterly Digest 2022- ARBITRATION (Jan - Mar)
2 years, 10 months ago

Supreme Court Quarterly Digest 2022- ARBITRATION (Jan - Mar)

Live Law  

Arbitration Act, 1940; Section 30, 33 - Scope of interference by courts - A Court does not sit in appeal over an Award passed by an Arbitrator and the only grounds on which it can be challenged are those that have been specified in Sections 30 and 33 of the Arbitration Act, namely, when there is an error on the …

Seat Of Arbitration Is Decided As Per Arbitration Agreement, Rules To Be Applied Only After Commencement Of Arbitration: Delhi High Court
3 years, 6 months ago

Seat Of Arbitration Is Decided As Per Arbitration Agreement, Rules To Be Applied Only After Commencement Of Arbitration: Delhi High Court

Live Law  

The Delhi High Court has observed that the seat of arbitration is to be decided according to the arbitration agreement between the parties and that the Rules of Arbitration of the International Centre for Alternative Dispute Resolution shall come into play only after the arbitration commences before appropriate jurisdiction.In other words, the seat of arbitration, in cases where parties. The …

Centre Notifies Arbitration & Conciliation (Amendment) Act 2021
4 years ago

Centre Notifies Arbitration & Conciliation (Amendment) Act 2021

Live Law  

The Central Government has notified the Arbitration and Conciliation Act, 2021. It seeks to amend the Arbitration and Conciliation Act, 1996 so as to enable automatic stay on awards if it is prima facie satisfied that the relevant arbitration agreement or contract/ making of the award was induced by fraud or corruption and omit Schedule VIII of the Act and …

Parliament Passes Arbitration & Conciliation (Amendment) Bill, 2021 For Automatic Stay On Awards Induced By Fraud/ Corruption
4 years ago

Parliament Passes Arbitration & Conciliation (Amendment) Bill, 2021 For Automatic Stay On Awards Induced By Fraud/ Corruption

Live Law  

The Rajya Sabha on Wednesday passed the Arbitration and Conciliation Bill, 2021 by voice vote. It seeks to amend the Arbitration and Conciliation Act, 1996 so as to enable automatic stay on awards in certain cases and specify by regulations the qualifications, experience and norms for accreditation of arbitrators. #RajyaSabha passes #Arbitration & Conciliation Bill 2021 to enable automatic stay …

Sitharaman accuses Oppn of creating 'false narrative' in Rajya Sabha; Lok Sabha passes arbitration amendment bill
4 years, 1 month ago

Sitharaman accuses Oppn of creating 'false narrative' in Rajya Sabha; Lok Sabha passes arbitration amendment bill

Firstpost  

The Rajya Sabha has been adjourned till 8 March with Chairman Venkaiah Naidu saying that the Upper House clocked 99 percent productivity during the two-week-long sitting of the two-phased Budget session Finance Minister Nirmala Sitharaman accused the Opposition of creating a “ false narrative ” about the Centre favouring businessmen and industrialists, in her reply to the debate on the …

'India Cannot Become Hub Of Arbitration If You Go On Like This' : Justice Nariman Tells Centre On Sec 87 Of Arbitration Act
5 years, 5 months ago

'India Cannot Become Hub Of Arbitration If You Go On Like This' : Justice Nariman Tells Centre On Sec 87 Of Arbitration Act

Live Law  

While hearing a petition challenging constitutionality of Section 87 inserted in the Arbitration and Conciliation Act by the 2019 amendment, Supreme Court judge Justice R F Nariman expressed his criticism about the provision. "You have put the clock back", the judge told Solicitor General Tushar Mehta about the Section which nullified the effect of 2018 SC judgment deciding the prospective …

Learn to listen, ‘aise nahin chalega’: Amit Shah to Owaisi in Lok Sabha
5 years, 8 months ago

Learn to listen, ‘aise nahin chalega’: Amit Shah to Owaisi in Lok Sabha

India TV News  

The Lok Sabha on Monday witnessed a spat between Union Home Minister Amit Shah and AIMIM leader Asaduddin Owaisi over the National Investigation Agency Amendment Bill. “Sunne ki bhi aadat daaliye Owaisi sahab, aise nahin chalega,” Shah said. According to the Bill, the officers of the NIA will "have the power" to investigate scheduled offences committed outside India, subject to …

Central Universities Bill passed in Lok Sabha
5 years, 8 months ago

Central Universities Bill passed in Lok Sabha

India TV News  

The Lok Sabha on Friday passed the Central Universities Bill, 2019 with a voice vote to establish a central university and a tribal university in Andhra Pradesh. The bill, which Participating in the debate on the Bill, Congress MP K. Suresh claimed that percentage of expenditure on education had been reduced under the NDA government while YSR Congress Party's L.S. …

Cabinet approves New Delhi International Arbitration Centre Bill
5 years, 8 months ago

Cabinet approves New Delhi International Arbitration Centre Bill

Live Mint  

The Union Cabinet on Wednesday cleared the New Delhi International Arbitration Centre Bill, 2019, which seeks to replace an ordinance promulgated in March this year. The bill was moved in the Lok Sabha by Union Law Minister Ravi Shankar Prasad and it provides for the establishment of the NDIAC to conduct arbitration, mediation and conciliation proceedings. A person familiar with …

Cabinet approves International Arbitration Centre Bill
5 years, 9 months ago

Cabinet approves International Arbitration Centre Bill

The Quint  

New Delhi, June 12 The Cabinet has approved the New Delhi International Arbitration Centre Bill, 2019, with a view to promoting ease of doing businessa in India. "The Bill provides for setting up an independent an autonomous body for institutional arbitration and to acquire and transfer the undertakings of International Centre for Alternative Dispute Resolution to New Delhi International Arbitration …

Delhi HC Vacates Its Stay On Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]
5 years, 10 months ago

Delhi HC Vacates Its Stay On Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]

Live Law  

The Delhi High Court has vacated its order that stayed the appointment of Dr. Rajiv Mani, Joint Secretary & Legal Advisor, Department of Legal Affairs, Ministry of Law & Justice as the custodian of the undertakings of the International Centre for Alternative Dispute Resolution. The bench comprising the Chief Justice Rajendra Menon and Justice V Kameswar Rao vacated the order …

Delhi HC Stays Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]
6 years ago

Delhi HC Stays Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]

Live Law  

The Delhi High Court has stayed the order appointing Dr. Rajiv Mani, Joint Secretary & Legal Advisor, Department of Legal Affairs, Ministry of Law & Justice as the custodian of the undertakings of the International Centre for Alternative Dispute Resolution. The bench comprising the Chief Justice Rajendra Menon and Justice V Kameswar Rao issued this order in a petition challenging …

ICADR Challenges New Delhi International Arbitration Centre Ordinance; Delhi HC Seeks Govt Response [Read Petition]
6 years ago

ICADR Challenges New Delhi International Arbitration Centre Ordinance; Delhi HC Seeks Govt Response [Read Petition]

Live Law  

The Delhi High Court today sought the response of the Central Government in a petition challenging the New Delhi International Arbitration Centre Ordinance 2019, which has resulted in the take over of the International Centre for Alternative Dispute Resolution set up in the year 1995.The Ordinance was promulgated on March 2 stating the reason that ICADR has not been able …

Ordinance To Set Up International Arbitration Centre At New Delhi Promulgated
6 years ago

Ordinance To Set Up International Arbitration Centre At New Delhi Promulgated

Live Law  

The President Ram Nath Kovid yesterday promulgated the New Delhi International Arbitration Centre Ordinance 2019.It proposes to establish an international arbitration centre at New Delhi, replacing the International Centre for Alternative Dispute Resolution set-up in the year 1995, which is a society registered under the Societies Registration Act. The President Ram Nath Kovid yesterday promulgated the New Delhi International Arbitration …

Lok Sabha Passes Bill To Set Up International Arbitration Centre At New Delhi [Read Bill]
6 years, 2 months ago

Lok Sabha Passes Bill To Set Up International Arbitration Centre At New Delhi [Read Bill]

Live Law  

The Lok Sabha on Friday passed the New Delhi International Arbitration Centre Bill 2018.It proposes to establish an international arbitration centre at New Delhi, replacing the International Centre for Alternative Dispute Resolution set-up in the year 1995, which is a society registered under the Societies Registration Act.The proposed New Delhi International Arbitration Centre will be. The Lok Sabha on Friday …

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?
6 years, 7 months ago

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?

Live Law  

In the wake of “internationalisation” which is the present Indian agenda there have been several legal reforms that have been/ are being undertaken and looked closely by the present lawmakers and its enforcers.Today, the agenda of increasing foreign direct investment through liberalisation of existing norms and regulated sanctions is taking precedence and many remedial measures,. Today, the agenda of increasing …

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?
6 years, 7 months ago

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?

Live Law  

In the wake of “internationalisation” which is the present Indian agenda there have been several legal reforms that have been/ are being undertaken and looked closely by the present lawmakers and its enforcers.Today, the agenda of increasing foreign direct investment through liberalisation of existing norms and regulated sanctions is taking precedence and many remedial measures,. Today, the agenda of increasing …

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features
7 years ago

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features

Live Law  

The Union Cabinet chaired by Prime Minister Shri Narendra Modi on Wednesday approved the Arbitration and Conciliation Bill, 2018 for introduction in the Parliament.The Amendment is intended to facilitate achieving the goal of improving institutional arbitration by establishing an independent body to lay down standards, make arbitration process more party friendly, cost-effective. However, to give a boost to institutional, arbitration …

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features
7 years ago

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features

Live Law  

The Union Cabinet chaired by Prime Minister Shri Narendra Modi on Wednesday approved the Arbitration and Conciliation Bill, 2018 for introduction in the Parliament.The Amendment is intended to facilitate achieving the goal of improving institutional arbitration by establishing an independent body to lay down standards, make arbitration process more party friendly, cost-effective. However, to give a boost to institutional, arbitration …

International Conference on Contemporary Issues In International Arbitration
7 years, 8 months ago

International Conference on Contemporary Issues In International Arbitration

Live Law  

ILSCA is organizing a two-day on International Conference on Contemporary issues in International Arbitration 4th-5th August 2017 at ILS Law College, Pune. ILS Centre for Arbitration was established by the Governing Council of the Indian Law Society with the sole purpose of providing facilities for ad-hoc arbitration and also institutional arbitrations, both in domestic as well as International Commercial Arbitrations. …

How Not So Carefully Drafted One-Side Clause Can Backfire! Delhi HC Makes 2015 Amendments To Arbitration Act Applicable To Proceedings Initiated Under The 1996 Act
7 years, 11 months ago

How Not So Carefully Drafted One-Side Clause Can Backfire! Delhi HC Makes 2015 Amendments To Arbitration Act Applicable To Proceedings Initiated Under The 1996 Act

Live Law  

Yesterday on 11th April 2017, Justice S. Muralidhar in Ratna Infrastructure Projects Pvt. The Court interpreted the words “unless the parties otherwise agree” as used in the Section 26 of the Amendment Act in light of the standard agreement terms and held that the amendment act shall be applicable to the arbitral proceedings initiated before 23 October 2015, since the …

The Curious Case Of Arbitration In India
8 years, 5 months ago

The Curious Case Of Arbitration In India

Live Law  

A reliable and responsive alternate dispute resolution system is essential for rapidly developing countries like India. Geared in the same spirit, critical issues, experience of international arbitration and the future roadmap of strengthening arbitration in India were discussed at the conference ‘National Initiative towards Strengthening Arbitration and Enforcement in India’. Supported by six international arbitration institutions, industry associations and legal …

The Curious Case Of Arbitration In India
8 years, 5 months ago

The Curious Case Of Arbitration In India

Live Law  

A reliable and responsive alternate dispute resolution system is essential for rapidly developing countries like India. Geared in the same spirit, critical issues, experience of international arbitration and the future roadmap of strengthening arbitration in India were discussed at the conference ‘National Initiative towards Strengthening Arbitration and Enforcement in India’. Supported by six international arbitration institutions, industry associations and legal …

National Initiative Towards Strengthening Arbitration And Enforcement In India
8 years, 5 months ago

National Initiative Towards Strengthening Arbitration And Enforcement In India

Live Law  

The Government of India through 'NITI Aayog' is organizing an high profile ‘National Initiative towards Strengthening Arbitration and Enforcement in India’ in New Delhi, in order to promote India as a global hub for arbitration amongst international practitioners, corporate houses and the Indian legal fraternity.The three day conference scheduled to be held from 21st October to 23rd. The Government of …

National Initiative Towards Strengthening Arbitration And Enforcement In India
8 years, 5 months ago

National Initiative Towards Strengthening Arbitration And Enforcement In India

Live Law  

The Government of India through 'NITI Aayog' is organizing an high profile ‘National Initiative towards Strengthening Arbitration and Enforcement in India’ in New Delhi, in order to promote India as a global hub for arbitration amongst international practitioners, corporate houses and the Indian legal fraternity.The three day conference scheduled to be held from 21st October to 23rd. The Government of …

ILS, Pune to host conference on Arbitration
8 years, 8 months ago

ILS, Pune to host conference on Arbitration

Live Law  

The Institute of Advanced Legal Studies, established by its parent body the Indian Law Society, Pune is organizing a two-day National Conference on Arbitration on 26-27th August, 2016 at ILS Law College, Pune. Balakrishnan, Former Chief Justice of India RESOURCE PERSONS: Salman Khurshid, Senior Advocate, Supreme Court of India Indu Malhotra, Senior Advocate, Supreme Court of India Geeta Luthra, Senior …

Lok Sabha passes Arbitration and Reconcilliation Amendment Bill, 2015
9 years, 3 months ago

Lok Sabha passes Arbitration and Reconcilliation Amendment Bill, 2015

Live Law  

The Lok Sabha has today passed the Arbitration and Reconciliation, 2015 by voice vote. The Bill seeks to make the arbitration process more investor-friendly, cost effective and suitable for expeditious disposal of cases. It will also facilitate in making India a hub of international commercial arbitration.It may be noted that the President had promogulated an ordinance. It may be noted …

Lokpal Bill likely to come up in RS by Tuesday
12 years, 10 months ago

Lokpal Bill likely to come up in RS by Tuesday

India TV News  

New Delhi, May 18: The much-debated Lokpal Bill is likely to be taken up by Rajya Sabha either on Monday or Tuesday in an amended form which includes deletion of the controversial provision for Lokayukta creation and bringing more transparency in appointment of CBI chief. The amended bill was widely speculated to be considered by the Cabinet yesterday but it …

Significant Judgments On Arbitration And Conciliation Act, 1996 [May 2020 To July 2020]
28 years, 10 months ago

Significant Judgments On Arbitration And Conciliation Act, 1996 [May 2020 To July 2020]

Live Law  

Introduction The Arbitration and Conciliation Act, 1996 has been enacted in order to consolidate and amend the law relating to domestic arbitration, international commercial arbitration and enforcement of foreign arbitral awards as also to define the law relating to conciliation. With regard to applicability of Section 11 of the Arbitration Act to the facts of the instant case, the Delhi …

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