The Legal Framework for Arbitration

General Information

  • UNCITRAL Model-Law based: Yes

  • Legal Provisions: The Arbitration and Conciliation Act 1996 (with amendments from 2015).  

Arbitral Institutions

  • Indian Council for Arbitration (ICA)

  • International Centre for Alternative Dispute Resolution (ICADR)

  • Delhi International Arbitration Centre (DAC)

  • Mumbai Centre for International Arbitration (MCIA)

  • Council for National and International Commercial Arbitration (CNICA)

  • Arbitral Institution attached to the Federation of Indian Chambers of Commerce and Industry FICCI (FACT)

  • Indian Institute of Arbitration & Mediation (IIAM)

  • Mumbai Centre for International Arbitration

Multilateral Conventions

  • New York Convention: Yes (ratification: 13 July 1960); reservations: In accordance with Article I of the Convention, the Government of India declare that they will apply the Convention to the recognition and enforcement of awards made only in the territory of a State, party to this Convention. They further declare that they will apply the Convention only to differences arising out of legal relationships, whether contractual or not, which are considered as commercial under the law of India.

  • ICSID Convention: No.

  • Energy Charter Treaty: No.

 

Last updated February 2019