International Journal For Multidisciplinary Research

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Proposed Arbitration Reforms 2024 in India

Author(s) Vikas H. Gandhi
Country India
Abstract At present, when writing, India's Arbitration Law is undergoing yet another transformation. The Ministry of Law and Justice, Government of India, on 18th October 2024, came out with a draft amendment (DA) called ‘Arbitration and Conciliation (Amendment) Bill, 2024’ (draft amendments) and invited comments from the public as part of the public consultation exercise on the draft amendments. The last date to submit the same was 03rd November 2024. This draft amendment has been proposed to promote “ease of doing business” and “enforce contracts” as posted on the official website. It has three primary objectives: first, “to provide a further boost to institutional arbitration”; second, “to reduce court intervention in arbitrations”; and third, “to ensure the timely conclusion of arbitration proceedings”. This legislative proposal follows the “Report of the Expert Committee to Examine the Working of the Arbitration Law and Recommend Reforms in the Arbitration and Conciliation Act 1996” (the Report), led by former law secretary Dr. T. K. Viswanathan, aimed at enhancing the efficiency and effectiveness of India’s arbitration landscape. The draft amendments introduce several amendments; some are incremental, while others contemplate key changes to the arbitration regime. This article discusses a few key amendments and values them based on challenges encountered by the Indian judiciary in interpreting and accommodating them to push India at par with international arbitration in practice.
Keywords Arbitration, Proposed amendments, Reforms.
Field Sociology > Administration / Law / Management
Published In Volume 7, Issue 5, September-October 2025
Published On 2025-09-05
DOI https://doi.org/10.36948/ijfmr.2025.v07i05.55244
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