India’s Arbitration Law Needs ‘More Insight’: Attorney General

India’s Attorney General R. Venkataramani has indicated that the Arbitration and Conciliation Act, a crucial law for out-of-court dispute resolution, requires further review and potential amendments. This comes after a controversial advisory from the finance ministry urging government entities to avoid arbitration for disputes exceeding ₹10 crore, citing high costs and longer resolution times. The attorney general’s statement aligns with the government’s broader aim to make India an arbitration hub and reduce the overwhelming pendency of lawsuits in the country’s courts.

Expert Panel Recommends Changes to Arbitration Laws for GIFT City’s International Arbitration Centre

An expert panel tasked with drafting rules for an international arbitration centre at GIFT City has recommended significant changes to India’s arbitration and mediation laws, including a shorter time limit for appeals against arbitral awards and the creation of a dedicated high court bench. These changes aim to expedite dispute resolution and attract more foreign investment to India’s first International Financial Services Centre (IFSC).

New Criminal Laws in India: Confusion and Challenges Ahead

India’s new criminal laws, replacing the IPC, CrPc, and Indian Evidence Act, will come into effect on July 1st. While the new laws promise reform, concerns remain about their implementation and potential confusion for legal professionals. This article explores the uncertainty surrounding the application of old and new laws in ongoing cases and the lack of proper training for lawyers and police.

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