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Arbitration and Conciliation

DUA' & DUA'S > Areas of Practice > Arbitration and Conciliation

IIndia’s governing arbitration statute is the Indian Arbitration and Conciliation Act, 1996. It is based on the United Nations Commission on International Trade Law’s (UNCITRAL) Model Law on International Commercial Arbitration, which was adopted in 1985.

The Arbitration Act of 1940, the Arbitration (Protocol and Convention) Act of 1937, and the Foreign Awards (Recognition and Enforcement) Act of 1961 were the three previous legislation provisions on arbitration. The Arbitration Act of 1940, as well as the Acts of 1937 and 1961, were abolished by the Arbitration and Conciliation Act of 1996.

Dua`s & Dua`s, Advocates & Consultants

The Arbitration and Conciliation Act’s objectives are to:

 

  • Cover both international and domestic arbitration and conciliation
  • Make provisions for an arbitral procedure that is fair, efficient, and capable of meeting the needs of the arbitration
  • Allow an arbitral tribunal to use mediation and conciliation to encourage dispute settlement
  • To provide that a settlement reached by the parties as a result of conciliation proceedings will have the same status and effect as a settlement reached by the parties as a result of conciliation proceedings. To ensure that every arbitral ruling is enforced in the same way that a court order would be.

 

We provide following services:

 

  • Arbitration Petitions before the High Court, seeking the appointment of arbitrators
  • Interim measures petitions before the court
  • Interim relief petitions before the court, seeking interim relief before or during the arbitration proceedings
  • Petition under section 34 of the Arbitration Act, 1999, seeking set aside of the award
  • Execution petitions before the civil court, seeking the realization of the arbitration award
  • Testify in front of arbitrators all around the country
  • Commercial Arbitration • Domestic and International Arbitration • Award Enforcement in India and Outside India
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