The Government of India’s Ministry of Law and Justice has recently released a Draft Arbitration and Conciliation (Amendment) Bill, 2024. The Draft Bill proposes substantial changes to the Arbitration and Conciliation Act, 1996 in order to further boost institutional arbitration, reduce court intervention and ensure timely conclusion of arbitral proceedings in India.

In this newsletter (click here), prepared by members of our International Arbitration Group, we take a look at some of the key proposals in the Draft Bill and what it might mean for arbitration in India in the future.

With special thanks to Suvethan Sundaralingam for his assistance in the preparation of this material.