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Arbitration law in India is fast developing. Significant amendments were made to the Indian Arbitration and Conciliation Act, 1996 (the Arbitration Act) in 2015 and 2019, but some of these were rolled back in 2020. There have also been a number of recent Supreme Court decisions, all of whom show a consistent trend to promote arbitration as an effective alternative dispute resolution mechanism. Prior to the amendments made to the Arbitration Act in 2015, any challenge to a domestic award in Indian courts would result in an automatic stay of the award. This position was altered in the 2015 amendments that required a separate application for stay of an award to be made and that any stay would only be granted on the basis of a reasoned decision.

Click to read more – Arbitration – Recent Legislative and Judicial Developments