Arbitration and Conciliation Act

The recent Ordinance promulgated by the President has ushered in significant amendments to the Arbitration and Conciliation Act, of 1966, aiming to modernize and enhance India’s dispute resolution mechanism.

Arbitration and Conciliation Act

What are the major changes brought in the Arbitration and Conciliation Act, of 1966 through the recent Ordinance promulgated by the President? How far will it improve India’s dispute resolution mechanism? Discuss. (12.5 Marks, 200 Words)