THE ARBITRATION AND CONCILIATION (AMENDMENT) BILL, 2018
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The Arbitration and Conciliation (Amendment) Bill, 2018 was introduced in Lok Sabha by the Minister for Law and Justice, Mr. PP Chaudhary, on July 18, 2018.  It seeks to amend the Arbitration and Conciliation Act, 1996.  The Act contains provisions to deal with domestic and international arbitration, and defines the law for conducting conciliation proceedings.  Key features of the Bill are:

-Arbitration Council of India

-Composition of the ACI

-Appointment of arbitrators

-Relaxation of time limits

-Completion of written submissions

-Confidentiality of proceedings

-Applicability of Arbitration and Conciliation Act, 2015

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