The government plans to amend the Arbitration and Conciliation Act, 1996, likely during the winter session, to introduce key changes aimed at expediting the resolution of commercial disputes.
Faster dispute resolution and clearer timelines are positive indicators for investments because it means contracts will be enforced quicker and more decisively.
Does Section 64 of the Arbitration & Mediation Act strip courts of their power to grant anti-arbitration injunctions, or injunctions generally in arbitral matters? Is this consistent with the ...
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