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Government May Set Up Arbitration Council Via Ordinance

1st Jan 1970 Government May Set Up Arbitration Council Via Ordinance

The government has decided to take the ordinance route to implement the proposed Indian Arbitration Council Act, 2017 to pursue Prime Minister Narendra Modi’s idea of making India an international hub for arbitration

The proposed Act, first reported by ET on November 13, 2017, aims to establish a flagship institution, namely Indian Arbitration Council, to conduct international and domestic arbitration.