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ARTICLE · 19 JANUARY 2016

The Arbitration And Conciliation (Amendment) Act, 2015

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The Arbitration and Conciliation (Amendment) Act, 2015 (Amendment Act) was notified in the Official Gazette on 1 January 2016.

IndiaLitigation, Mediation & Arbitration
Litigation Team Khaitan & Co.
Litigation Team Khaitan & Co.
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The Arbitration and Conciliation (Amendment) Act, 2015 (Amendment Act) was notified in the Official Gazette on 1 January 2016. The Amendment Act is deemed to have come into force with effect from 23 October 2015. The Amendment Act makes substantial changes to the Arbitration and Conciliation Act, 1996 (Act) for making arbitration a preferred mode for settlement of commercial disputes by making it more user-friendly and cost effective and leading to expeditious disposal of cases.

Arbitration and Conciliation (Amendment) Ordinance 2015: debate on prospective or retrospective application?

Report No 246 of the Law Commission of India on Amendments to the Arbitration and Conciliation Act 1996 contained a transitory provision in the form of Section 85A. As per Section 85A, the provisions of the amended Act shall be prospective in operation and shall apply to fresh arbitrations and fresh applications. However, the Arbitration and Conciliation (Amendment) Ordinance,

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