A Critical Examination of the Proposals under the 2019 Amendment to the Indian Arbitration and Conciliation Act of 1996

Arbitration is considered an Act known for consolidation and laws for amendment that constitutes arbitration of commercial, arbitration of domestic, arbitration of international, and helps in the award of arbitral enforcement. Laws define conciliation which comprises matters related to Arbitration. In 1985 UNICITRAL Model was adopted by the United Nations in the International Commercial Arbitration 1985 which has uniform arbitral procedures, and laws required for practicing arbitration. Rules help solve the risen disputes among the parties before approaching the court. The important motto of the Arbitration Act was not to allow juridical interference and to avoid delay in judgment for solving the issues. A legal network is framed for providing efficient and fair settlements for international disputes belonging to commercial with the help of the establishment of a unified model comprised of rules also with laws. The international and domestic arbitration followed in India governed using the Arbitration and Conciliation Act, 1996 under Part I. The Act will be amended in some phase of time to assist in issues resolving amicably. The Judiciary of India was to forge the roads for the best laws of arbitration along with procedures across India by their pro-arbitration judgments. In India arbitration is performed in two ways the ad-hoc method and the institutional method. The current amendments have established the latter method over the arbitrational laws. The foremost aim of the 2019 Act of Amendment in India is to promote institutional arbitration. The study scope focuses on a critical examination of the amendments made in the Act and challenges that are to be discussed by the arbitrators for enforcing the amendments regarding the proposal of 2019 amendments using law case analysis. The legal cases between 2019 to present the effectiveness of the judiciary on the applicability of the amendments for solving disputes that meet the Standards of International are analyzed to provide detailed explanations about the amendments that were made in year 2019 proposal and interpreted.