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Arbitration and Conciliation Amendment Act 2021: Will It Interfere With Arbitral Awards?

arbitration and conciliation amendment act 2021

In March, Parliament passed the Arbitration and Conciliation Amendment Act 2021. The Act is the third amendment in six years to the Arbitration and Conciliation Act 1996 (principal Act).  This indicates that both the judiciary and government favour promoting Alternative Dispute Resolution as a consistent practice. However, the amendments also present certain shortcomings. For example, many have argued that it could interfere with arbitral awards due to the law’s vague definitions. Arindam Shit writes how the 2021 Amendment Act takes one step forward to two steps back due to its vagueness.


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