Section 29A of the Arbitration and Conciliation Act, 1996 [“The Act”] was inserted in the Act vide Arbitration and Conciliation (Amendment) Act 2015 with the objective to facilitate expeditious disposal of cases with minimum court intervention. The machinery of Section 29A mandates that an Arbitral Award must be made within a period of 12 months… Continue reading Interpretation of the term “Court” in Section 29A(4) of the Act | Arbitration
Tag: Arbitration and Conciliation Act
Seat vs Venue | Arbitration
Two significant judgments of the Hon’ble Supreme Court govern the law in this field of arbitration viz.- i. Bhatia International vs Bulk Trading [“Bhatia”] A three judge bench of the Hon’ble Supreme Court held that the provisions of part 1 of the Arbitration and Conciliation Act [“the Act”] shall also apply to all arbitrations held… Continue reading Seat vs Venue | Arbitration
Scope of Judicial intervention at reference stage | Arbitration
The Arbitration and Conciliation Act, 1940 equipped courts with unbridled powers to supervise the arbitration proceedings inviting the ire of litigants who, in the search of an alternative forum, seeking speedy resolution of their disputes, found themselves in the conundrum of endless judicial interference in the realm of arbitratio