Arbitration & Conciliation Act: Modern Alternative Dispute Resolution in India

Article at a Glance

ADR offers out-of-court binding resolution for commercial and contractual disputes.
2015 & 2019 Amendments mandate 12-month fast-track timeline for arbitral awards.
Arbitral award holds finality and enforceability equal to a civil court decree.

Executive Overview

Alternative Dispute Resolution (ADR) under Arbitration & Conciliation Act 1996: arbitration agreements, arbitral tribunal awards, 12-month timeline, and Section 34 challenge.

Key Takeaways & Practical Takeouts

Courts strictly enforce arbitration clauses and refer parties to arbitration (Sec 8).
Setting aside arbitral award under Sec 34 limited to narrow grounds (patent illegality).

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Drafting Valid Arbitration Clauses
Enforcement & Challenge under Sec 34

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