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The Arbitration and Conciliation (Amendment) Bill, 2018: What’s in Store for You?

April 25, 2018[2018] 92 taxmann.com 365 (Article)
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The Arbitration and Conciliation Act, 1996 (“Act”) is set to be amended by the Arbitration and Conciliation (Amendment) Bill, 2018 (“Bill”). The primary focus of the amendment seems to promote institutional arbitration by establishing the Arbitration Council of India (“ACI”) and address the practical difficulties which have surfaced post the implementation of the Arbitration and Conciliation (Amendment) Act, 2015 (“2015 Amendment”).
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