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 15: Functions of Centre.
    Without prejudice to the provisions contained in section 14, the Centre shall strive,--
         1[(a) to facilitate the conduct of conciliation and other forms of alternative dispute resolution mechanism, both international and domestic, in the manner as may be specified by the regulations;]
         (b) to provide cost effective and timely services for the conduct of arbitration and conciliation at national and international level;
         (c) to promote studies in the field of alternative dispute resolution and related matters, and to promote reforms in the system of settlement of disputes;
         (d) to undertake teaching and to provide for diffusion of knowledge of law and procedures on alternative dispute resolution and related matters and to award certificates and other academic or professional distinction;
         (e) to impart training in alternative dispute resolution and related matters to those who are handling arbitration, conciliation and mediation;
         (f) to co-operate with other societies, institutions and organisations, national or international for promoting alternative dispute resolution; and
         (g) to perform such other functions as may be entrusted to it by the Central Government for promoting alternative dispute resolution.
    
Notes:
1. Subs. by Act 23 of 2022, s. 9, for clause (a) (w.e.f. 27-1-2023).
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