Act Number: 17

Act Name: The India International Arbitration Centre Act, 2019

Year: 2019

Enactment Date: 2019-07-26

Long Title: An Act to provide for the establishment and incorporation of the New Delhi International Arbitration Centre for the purpose of creating an independent and autonomous regime for institutionalised arbitration and for acquisition and transfer of the undertakings of the International Centre for Alternative Dispute Resolution and to vest such undertakings in the New Delhi International Arbitration Centre for the better management of arbitration so as to make it a hub for institutional arbitration and to declare the New Delhi International Arbitration Centre to be an institution of national importance and for matters connected therewith or incidental thereto.

Ministry: Ministry of Law and Justice

Department: Department of Legal Affairs

Section 4: Declaration of India International Arbitration Centre as an institution of national importance.
    (1) Whereas, the objects of the 1[India International Arbitration Centre] are such as to make it as an institution of national importance, it is hereby declared that the 1[India International Arbitration Centre] is an institution of national importance.
     (2) The head office of the Centre shall be at New Delhi and it may with the previous approval of the Central Government, establish branches at other places in India and abroad.
Notes:
1. Subs. by Act 23 of 2022, s. 8, for "New Delhi International Arbitration Centre" (w.e.f. 27-1-2023)
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