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The India International Arbitration Centre is an autonomous [1] institution based in Delhi, to conduct arbitration, mediation, and conciliation proceedings. [2] It was established in 2019 and declared as an Institute of National Importance by an Act of Parliament. [3]
The Government of National Capital Territory of Delhi (Amendment) Act, 2023 also commonly known as Delhi Services Act, [1] is a bill that extends the Central Government's control of services and gives powers to the Lieutenant Governor of Delhi over the capital city's elected Government. [2] [3]
The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian companies. [1] The tribunal, established under the Companies Act 2013, was constituted on 1 June 2016 by the government of India and is based on the recommendation of the V. Balakrishna Eradi committee on law relating to the insolvency and the winding up of companies.
International Arbitration and Mediation Centre operations is managed by a professional Secretary with the support from qualified staff. [5] Many famous persons from legal profession, experts and veterans in commerce industry with specialised in arbitration and mediation field both from India and abroad will form the Governing council of the institution.
The Legislative Assembly of Delhi was first constituted on 17 March 1952 under the Government of Part C States Act, 1951, but it was abolished on 1 October 1956. The legislative assembly of Delhi was re-established on January 2, 1992, following the enforcement of the Constitution (Sixty-ninth Amendment) Act, 1991, and the subsequent Government ...
Under American law, the recognition of foreign arbitral awards is governed by chapter 2 of the Federal Arbitration Act, which incorporates the New York Convention. [ 5 ] Therefore, the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the "Convention") preempts state law.
International arbitration is an alternative to local court procedures. International arbitration has different rules than domestic arbitration, [6] and has its own non-country-specific standards of ethical conduct. [7] The process may be more limited than typical litigation and forms a hybrid between the common law and civil law legal systems. [8]
Brazil has been very slow to adopt arbitration as its courts often refuse to enforce agreements to arbitrate, especially prior to the passage of Brazilian law number 9.307 (amended by Law No. 13.129 in 2017), the Brazilian Arbitration Act, which was passed in 1996, today considered to be the fundamental law for arbitration within Brazil.