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Proposed Arbitration and Conciliation (Amendment) Bill, 2024: A Transforma
Updated : 1 year, 3 months ago IST
New Delhi [India], December 4: In today's fast-paced digital era, the banking and financial services industry requires the ability to resolve financial disputes swiftly, transparently, and cost-effectively. Disputes, particularly those involving debt collections and financial recoveries, imp
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Governance should be left to elected members accountable to legislature: L
Updated : 5 years, 1 month ago IST
New Delhi [India], February 13 (ANI): Law Minister Ravi Shankar Prasad said on Friday that independence of judiciary and separation of power is part of the basic structure of the constitution and governance should be left to elected representatives who are accountable to the legislature.<
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Arbitration and Conciliation Amendment Bill introduced in Lok Sabha
Updated : 5 years, 1 month ago IST
New Delhi [India], February 4 (ANI): A bill was introduced in the Lok Sabha to ensure that all stakeholder parties get an opportunity to seek an unconditional stay of enforcement of arbitral awards where the underlying arbitration agreement or contract or making of the arbitral award are ind
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Parliament passes bill to amend Arbitration Act
Updated : 6 years, 7 months ago IST
New Delhi (India), Aug 1 (ANI): The Parliament on Thursday passed a bill that provides for the speedy appointment of arbitrators through designated institutions and seeks to create an independent body to grade arbitral institutions.
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Cabinet approves Arbitration and Conciliation (Amendment) Bill
Updated : 8 years ago IST
New Delhi [India], Mar 07 (ANI): The Union Cabinet on Wednesday approved the Arbitration and Conciliation (Amendment) Bill, which seeks to establish an independent body to make arbitration process user-friendly, cost-effective and ensure speedy disposal and neutrality of arbitrators.
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