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An Act to consolidate and amend the law relating to domestic arbitration, international commercial arbitration and enforcement of foreign arbitral awards as also to define the law relating to conciliation and for matters connected therewith or incidental thereto. THE ARBITRATION AND CONCILIATION (AMENDMENT) ACT, 2015 No. 3 OF 2016 [31st December, 2015.] An Act to amend the Arbitration and Conciliation Act, 1996. In this Part unless the context otherwise requires - "arbitration" means any arbitration whether or not administered by permanent arbitral institution; "arbitration agreement" means an agreement referred to in section 7; "arbitral award" includes an interim award; "arbitral tribunal" means a sole arbitrator or a panel of arbitrators; 18 July, 2025 Share on: Introduction The Arbitration and Conciliation Act, 1996, is one of the most significant legislative reforms in India, seeking to provide a robust and efficient framework for resolving disputes outside the courts. The Act was enacted with the primary objective of ensuring that arbitration and conciliation are recognized as legitimate and effective methods of dispute resolution, thereby aligning Indian law with international standards. This article provides an in-depth ...
