Arbitration is a form of alternative dispute resolution (ADR) that allows parties to settle their disputes without going to court. Arbitration is governed by the Arbitration and Conciliation Act 1996 (the Act) in India, which is based on the UNCITRAL Model Law on International Commercial Arbitration 1985. The Act aims to provide a speedy, efficient, and cost-effective mechanism for resolving commercial disputes through arbitration.
The Act has been amended twice, in 2015 and 2019, to address …
