(The Gist of PIB) Arbitration and Conciliation (Amendment) Act, 2019

    (The Gist of PIB) Arbitration and Conciliation (Amendment) Act, 2019

Arbitration and Conciliation (Amendment) Act, 2019

  • The Central Government has enforcement various Sections of the Arbitration and Conciliation (Amendment) Act, 2019 by notifying it in Gazette. 

Salient features of amendment act: 

  • It amends the Arbitration and Conciliation Act, 1996. The Act contains provisions to deal with domestic and international arbitration, and defines the law for conducting conciliation proceedings.
  • Arbitration Council of India: It establishes an independent body called the Arbitration Council of India (ACI) for the promotion of arbitration, mediation, conciliation and other alternative dispute redressal mechanisms.
  • Composition of the ACI: The ACI will consist of a Chairperson who is either: (i) a Judge of the Supreme Court; or (ii) a Judge of a High Court; or (iii) Chief Justice of a High Court; or (iv) an eminent person with expert knowledge in conduct of arbitration.
  • Relaxation of time limits: Under the original Act, arbitral tribunals are required to make their award within a period of 12 months for all arbitration proceedings. The amendment act remove this time restriction for international commercial arbitrations.
  • Completion of written submissions: The written claim and the defence to the claim in an arbitration proceeding, should be completed within six months of the appointment of the arbitrators.
  • Confidentiality of proceedings: All details of arbitration proceedings will be kept confidential except for the details of the arbitral award in certain circumstances.
  • Applicability of Arbitration and Conciliation Act, 2015: It clarifies that the 2015 Act shall only apply to arbitral proceedings which started on or after October 23, 2015.


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Courtesy: PIB