Draft Arbitration and Conciliation (Amendment) Bill, 2024: Hits & Misses

Thursday, December 05, 2024
New Delhi - 05:00 PM – 06:00 PM IST
Singapore - 07:30 PM – 08:30 PM SGT
London - 11:30 AM – 12:30 PM BST
New York - 06:30 AM – 7:30 AM EST 

Introduction:

Earlier in the year, a government-appointed Expert Committee examined the workings of the arbitration law in India and suggested reforms. Thereafter, last month, the government shared the draft Arbitration and Conciliation (Amendment) Bill, 2024 for public comments. The draft bill aims to boost institutional arbitration, reduce court intervention in arbitrations and ensure timely conclusion of arbitration proceedings. It proposes certain long-awaited amendments such as statutory recognition of emergency arbitration and rationalization of the definition of ‘Court’ within the Act. However, the devil is in the detail. Join us as our panel of experts share their insights on the hits and misses in the draft bill.

Flow of the session:

Keynote Speaker:

Tejas Karia Partner, Head – Arbitration Shardul Amarchand Mangaldas

Speakers:

Ashish Kabra Head – Singapore Office, Nishith Desai Associates Young ICCA Regional Representative

Rohit Bhat Senior Associate and Lead, India Disputes, Freshfields Bruckhaus Deringer LLP Young ICCA Co-chair

Priyanka Shetty Partner, Dispute Resolution Group, AZB & Partners Young ICCA Regional Representative

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