Arbitration and Conciliation (Amendment) Bill 2021 Current Affairs, GK & News

Arbitration and Conciliation (Amendment) Bill 2021

The Arbitration and Conciliation (Amendment) Bill 2021 is a bill seeking to replace the ordinance promulgated in November 2020. It seeks to make amendments to the 1996 Act that deals with domestic and international arbitration and conciliation proceedings. Some of the changes include conditions for stay on arbitral awards and the qualifications and norms for ..

Arbitration and Conciliation (Amendment) Bill 2021

The Lok Sabha gave has passed the Arbitration and Conciliation (Amendment) Bill 2021. The bill was passed on February 12, 2021 by voice vote. Background The Law Minister Ravi Shankar Prasad introduced the bill in the Lok Sabha on February 4, 2021. The provisions of the bill were, however, already into force through an ordinance ..

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