The Arbitration Council of India is a key institution for dispute resolution. It aims to promote arbitration as an effective alternative to litigation. The council establishes standards for arbitration processes. It also oversees the accreditation of arbitrators. This body enhances the credibility of arbitration in India. Its role is crucial in strengthening the legal framework for resolving commercial disputes.
Nearly six years after Parliament amended India’s arbitration law to strengthen institutional arbitration, a key reform remains on paper. The Arbitration Council of India (ACI), envisaged as the...