Lok Sabha Passes Arbitration & Conciliation (Amendment) Bill, 2021 - 15.02.2021

Lok Sabha has passed the Arbitration and Conciliation (Amendment) Bill, 2021 by voice vote. The Bill seeks to amend the Arbitration and Conciliation Act, 1996 so as to (i) enable automatic stay on awards in certain cases and (ii) specify by regulations the qualifications, experience and norms for accreditation of arbitrators.

Tags : Lok Sabha Arbitration & Conciliation (Amendment) Bill 2021

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