Union Cabinet cleared NDIAC Bill, 2019 on institutionalised arbitration
The Cabinet has approved the New Delhi International Arbitration Centre (NDIAC) Bill, 2019, with a view to promoting ease of doing businessa in India. The Bill will be introduced in the scheduled Parliament session. The Bill seems to be a positive step in establishing an independent and autonomous regime with a well-defined structure for institutionalized domestic and international arbitration. […]
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