In 2015 the Indian Government made far-reaching changes to the Arbitration and Conciliation Act, 1996 (the “1996 Act”). After a number of years of discussions about appropriate changes, and following a report by the Law Commission of India in 2014 (the “Law Commission Report”), the arbitration law in India was initially changed by an ordinance issued in October 2015. The ordinance was only temporary: it had effect only until the next session of the Indian Parliament. At the end of 2015, the Indian Parliament approved a bill which made the changes permanent, and on 31 December 2015 the Arbitration and Conciliation (Amendment) Act, 2015 (the “Amendment Act”) became law.
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