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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.
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 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]
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 UNCITRAL Model Law on International Commercial Arbitration [1] is a model law prepared and adopted by the United Nations Commission on International Trade Law on 21 June 1985. In 2006, it was amended and now includes more detailed provisions on interim measures.
2003: 1: Great persons (Tariff) Amendment Ordinance, 2003 ... Arbitration and Conciliation (Amendment) Ordinance, 2015 ... 1 The Epidemic Act 1897 (Amendment) Act ...
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