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 14: Objects of Centre.
    The objects of the Centre shall be,--
         (a) to bring targeted reforms to develop itself as a flagship institution for conducting international and domestic arbitration;
         (b) to promote research and study, providing teaching and training, and organising conferences and seminars in arbitration, conciliation, mediation and other alternative dispute resolution matters;
         (c) to provide facilities and administrative assistance for conciliation, mediation and arbitral proceedings;
         (d) to maintain panels of accredited arbitrators, conciliators and mediators both at national and international level or specialists such as surveyors and investigators;
         (e) to collaborate with other national and international institutions and organisations for ensuring credibility of the Centre as a specialised institution in arbitration and conciliation;
         (f) to set up facilities in India and abroad to promote the activities of the Centre;
         (g) to lay down parameters for different modes of alternative dispute resolution mechanisms being adopted by the Centre; and
         (h) such other objectives as it may deem fit with the approval of the Central Government.
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