## The Amendments to the Arbitration and Conciliation Act, 1996

By: Harveer Singhtwitter.com/iastoss+91-880-2009-420

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## The Amendments to the Arbitration and Conciliation Act, 1996

• Deals with domestic arbitration, international commercial arbitration and enforcement of foreign arbitral awards.

• law relating to conciliation • Based on UNCITRAL Model Law, Model Law on

International Commercial Arbitration, 1985 and the UNCITRAL Conciliation Rules, 1980.

• 2001: 16th Law Commission, 176th report- Undertook complete Review of ACA-1996

• 2003: ACA (Arbitration and Conciliation) bill introduced.

• 2004 : JUSTICE B.P. SARAF COMMITTEE - in-depth study of the analysis of the recommendations of the 176th Report of the Law Commission and all aspects of the Arbitration and Conciliation (Amendment) Bill, 2003.

• 2004: Changed act introduced, Standing Committee rejection.

• Ground= substantial intervention by court in the arbitration process.

New Law

• 2013: 246th report of Law Commission (20th) AP Shah recommended changes in ACA-1996.

• Settle the case in nine months or the Judge shall be debarred.

• Extension can be given by high court.• Spell Out the CONFLICT OF INTEREST, if any.

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