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Date: 27-Jan-2023 Category: Extra Ordinary State: Union Government Country: India

Notification relating to coming into force of New Delhi International Arbitration Centre (Amendment) Act, 2022

Issued by Ministry of Law and Justice · Department of Legal Affairs

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Executive Summary & Key Takeaways

What it means

  • The gazette notification S.O. 441(E) announces the enforcement date of the New Delhi International Arbitration Centre (Amendment) Act, 2022.
  • The Central Government has appointed January 27, 2023, as the date on which the New Delhi International Arbitration Centre (Amendment) Act, 2022, comes into force.

Key Changes

  • The notification specifies that the New Delhi International Arbitration Centre (Amendment) Act, 2022 (Act 23 of 2022), will be effective from January 27, 2023.
  • This is done in exercise of the powers conferred by sub-section (2) of section 1 of the aforementioned Act.

Impact Analysis

Stakeholders

  • Legal professionals and arbitrators dealing with international arbitration in India need to be aware of the changes.

Suggested Action Items

  • Training programs may be conducted to educate arbitrators and legal professionals about the amendments.

Key Entities Referenced

Ministry of Law and Justice (Department of Legal Affairs): The government ministry responsible for the notification and enforcement of the Act. New Delhi International Arbitration Centre (NDIAC): The primary institution affected by the Amendment Act. New Delhi International Arbitration Centre (Amendment) Act, 2022 (23 of 2022): The Act being brought into force by this notification.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-27012023-243255 xxxGIDHxxx CG-DL-E-27012023-243255 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 427] नई दिल्ली, िुक्रिार, िनिरी 27, 2023/माघ 7, 1944 No. 427] NEW DELHI, FRIDAY, JANUARY 27, 2023/ MAGHA 7, 1944 जिजध और न्याय मत्रं ालय (जिजध काय यजिभाग) अजधसचू ना नई दिल्ली, 27 िनिरी, 2023 का.आ. 441(अ).—नई दिल्ली अंतरराष्ट्रीय माध्यस्ट्थम (संिोधन) अजधजनयम, 2022 (2022 का 23) की धारा 1 की उप-धारा (2) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केंद्र सरकार एतद्द्वारा 27 िनिरी, 2023 को उि अजधजनयम के लाग ू होने की तारीख के रूप में जनधायररत करती ह।ै [फा. स.ं ए-60011/31/2022-एनडीआईएसी (एलए)] डॉ. रािीि मजण, अपर सजचि MINISTRY OF LAW AND JUSTICE (Department of Legal Affairs) NOTIFICATION New Delhi, the 27th January, 2023 S.O. 441(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the New Delhi International Arbitration Centre (Amendment) Act, 2022 (23 of 2022), the Central Government hereby appoints the 27th day of January, 2023 as the date on which the said Act shall come into force. [F. No. A-60011/31/2022-NDIAC (LA)] Dr. RAJIV MANI, Addl. Secy. 633 GI/2023 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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