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In Asia-Pacific

Baker McKenzie International Arbitration Yearbook 2021-2022 – India

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A. LEGISLATION AND RULES A.1       Legislation The Indian Arbitration and Conciliation Act, 1996 (“Act”) is the primary legislation governing arbitration in India. The Act has undergone a series of amendments focused on improving the ecosystem for commercial arbitration in India and developing an institutional arbitration program that can benefit both domestic and international market participants. On 4 November 2020, the President of India promulgated the Arbitration and Conciliation (Amendment) Ordinance, 2020 (“Ordinance”). Subsequently, on 11 March 2021,…

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In Asia-Pacific

India’s Arbitration and Conciliation (Amendment) Act 2019 comes into force

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On 9 August 2019, the Arbitration and Conciliation (Amendment) Act 2019 (“the Amendment Act”) came into force in India. The legislative changes introduced by way of the Amendment Act seek to promote institutional arbitration in India and expedite the resolution of commercial disputes by arbitration with a view to making India a hub for domestic and international arbitration. In this regard, the Amendment Act introduces the following changes so as to make the arbitral process…

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