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ARTICLE · 07 SEPTEMBER 2023

India International Arbitration Centre (Conduct Of Arbitration) Regulations, 2023: Key Highlights

On September 01, 2023 India International Arbitration Centre (Conduct of Arbitration) Regulations, 2023 (Regulations) were notified in the Gazette of India.

IndiaLitigation, Mediation & Arbitration

On September 01, 2023 India International Arbitration Centre (Conduct of Arbitration) Regulations, 2023 (Regulations) were notified in the Gazette of India.

Key highlights

  • Regulations define 'emergency arbitrator', and Regulation 18 talks about appointment of emergency arbitrator and the time limit for the emergency arbitrator to give its decision.
  • Regulation 4 sets out the procedure for making a request by the party, followed by Regulation 5 which talks about response by the other party within 14 days of receipt of the request.
  • Regulation 6 recognizes that written communications can be sent in electronic mode apart from the usual standard form. In case a party is receiving communication through electronic mode, then the Regulations recognize the concept of time zone difference.

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