Arbitration and Conciliation Amendment (Ordinance) 2020
The government recently brought the Arbitration and Conciliation Amendment (Ordinance) 2020 to amend the Arbitration and Conciliation Act, 1996 and ensure that stakeholder parties can seek an unconditional stay on enforcement of arbitral awards in cases where the arbitration agreement or contract is induced by fraud or corruption.
Need for the Amendment
- The amendment was necessary to address the concerns raised by stakeholders after the enactment of the Arbitration and Conciliation (Amendment) Act, 2019 and to ensure that all the stakeholder parties get an opportunity to seek an unconditional stay of enforcement of arbitral awards where the underlying arbitration agreement ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 SC Raises Concerns over Subsidised Food Distribution Schemes
- 2 In-House Judicial Enquiry
- 3 Enabling Women's Participation in India's Logistics Sector
- 4 National Scheme Sanctioning Committee Meeting under SBM-G
- 5 Standing Committee Report on Demands for Grants
- 6 National Workshop on Strengthening India's Innovation Ecosystem
- 7 NITI NCAER States Economic Forum Portal
- 8 International Workshop on Land Governance
- 9 Rashtriya Karmayogi Jan Seva Programme
- 10 Supreme Court’s Directions on Remission Policy for Convicts
