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ARTICLE · 21 MAY 2025

Advancing Arbitration In India: Key Perspectives On The Draft Arbitration And Conciliation (Amendment) Bill, 2024

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The Draft Arbitration and Conciliation Bill, 2024 ("Amendment 2024"), seeks to reform India's arbitration system, which has faced criticism for adopting the UNCITRAL Model without sufficient adaptation to the Indian legal context.

IndiaLitigation, Mediation & Arbitration
Anuj Rakkanchath
Anuj Rakkanchath
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Introduction

The Draft Arbitration and Conciliation Bill, 2024 ("Amendment 2024"), seeks to reform India's arbitration system, which has faced criticism for adopting the UNCITRAL Model without sufficient adaptation to the Indian legal context. The Bill proposes amendments to the existing Arbitration Act to address issues like excessive court interference, delays, and complex procedures.

It emphasizes enhancing efficiency by promoting party autonomy, simplifying processes, and integrating technology. Based on the recommendations of an expert committee led by Dr. T.K. Viswanathan, the Bill aims to reduce judicial intervention, improve institutional arbitration, and position India as a global arbitration hub.1

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