On 9 August 2019, the Arbitration and Conciliation (Amendment) Act 2019 (“the Amendment Act”) came into force in India. The legislative changes introduced by way of the Amendment Act seek to promote institutional arbitration in India and expedite the resolution of commercial disputes by arbitration with a view to making India a hub for domestic and international arbitration.

In this regard, the Amendment Act introduces changes so as to make the arbitral process cost effective, speedy and with minimal court intervention.

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