This notification pertains to the transfer of undertakings, rights, titles, and interests of the International Centre for Alternative Dispute Resolution (ICADR) to the India International Arbitration Centre (IIAC).
The transfer is effective from the date of publication of this notification in the Official Gazette.
Key Changes
Undertakings of the International Centre for Alternative Dispute Resolution (ICADR) that were previously part of or related to the Society, and whose rights were transferred to the Central Government under Section 7 of the India International Arbitration Centre Act, 2019, are now vested in the India International Arbitration Centre (IIAC).
This transfer is enacted under the powers conferred by sub-section (1) of section 10 of the India International Arbitration Centre Act, 2019.
The establishment of the India International Arbitration Centre was initially notified vide notification S.O. 2717(E), dated 13th June, 2022.
Impact Analysis
Stakeholders: India International Arbitration Centre (IIAC)
Action Item: IIAC should integrate the transferred assets and operations into its existing framework, ensuring a smooth transition and leveraging the new resources effectively.
Stakeholders: International Centre for Alternative Dispute Resolution (ICADR)
Action Item: ICADR should adjust its operations and strategic focus, taking into account the assets and responsibilities that have been transferred. It should also coordinate with IIAC to ensure a seamless handover.
Stakeholders: Central Government
Action Item: The Central Government should ensure all legal and administrative processes related to the transfer are completed and documented properly.
Stakeholders: Users of Arbitration and Dispute Resolution Services
Action Item: IIAC should communicate clearly with users about any changes in service delivery and ensure minimal disruption during the transition.
Key Entities Referenced
India International Arbitration Centre (IIAC): The entity to which the undertakings, rights, titles, and interests of the International Centre for Alternative Dispute Resolution are being transferred.
International Centre for Alternative Dispute Resolution (ICADR): The entity whose undertakings, rights, titles, and interests are being transferred.
Ministry of Law and Justice (Department of Legal Affairs): The government body issuing the notification and overseeing the transfer.
India International Arbitration Centre Act, 2019 (17 of 2019): The legislation that provides the legal framework for the transfer of assets and establishment of the IIAC.
Notification S.O. 2717(E), dated 13th June, 2022: The initial notification that announced the establishment of the India International Arbitration Centre.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-23022023-243799
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 779] नई दिल्ली, बुधिार, फरिरी 22, 2023/फाल्ग नु 3, 1944
No. 779] NEW DELHI, WEDNESDAY, FEBRUARY 22, 2023/PHALGUNA 3, 1944
जिजध और न्य ाय मत्रं ालय
(जिजध काय यजिभाग)
अजधसचू ना
नई दिल्ली 22 फरिरी, 2023
का.आ. 812(अ).—जिजनर्ियष् ट तारीख स े ही, अंतरायष्र ीय जिकल् पी जििाि समाधान केंद्र के उतने उपक्रम, िो
सोसाइटी का भाग ह ै या उससे संबंजधत ह ै और ऐसे उपक्रमों के संबंध म ें सोसाइटी का अजधकार, हक और जहत भारत
अंतरायष्र ीय माध् यस्ट् थम ् केन् द्र अजधजनयम, 2019 (2019 का 17) की धारा 7 के कारण केंद्रीय सरकार को अंतररत हो गए थ े
और उसम ें जनजहत हो गए थ े;
और, भारत सरकार के जिजध और न् याय मंत्रालय न े उक्त अजधजनयम की धारा 3 की उपधारा (1) के अधीन
िजक्त यों का प्रयोग करत े हुए, भारत के रािपत्र, भाग II, खडं 3, उपखंड (ii) म ें अजधसूचना का.आ. संख यांक 2717(अ),
तारीख 13 िून, 2022, द्वारा प्रकाजित, भारत अंतरायष्र ीय माध् यस्ट् थम ्केन् द्र की स्ट्थापना को अजधसूजचत दकया था ।
अत:, अब, केंद्रीय सरकार, उक्त अजधजनयम की धारा 10 की उपधारा (1) द्वारा प्रित् त िजक्त यों का प्रयोग करत े
हुए यह जनििे िेती ह ैदक ऐस े उपक्रमों के संबंध म ें िो उक्त अजधजनयम की धारा 7 के अधीन केंद्रीय सरकार म ें जनजहत दकए
गए थ,े अतं रायष्र ीय जिकल् पी जििाि समाधान केंद्र के उपक्रम और अजधकार, हक और जहत, रािपत्र म ें इस अजधसूचना के
प्रकािन की तारीख स े भारत अन् तरायष्र ीय माध् यस्ट्थ म ् केंद्र म ें जनजहत हो िाएंगे।
[फा. सं. ए-60011/24/2022-आई.आई.ए.सी./भाग-1]
डॉ. रािीि मजण, अपर सजचि
1140 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF LAW AND JUSTICE
(Department of Legal Affairs)
NOTIFICATION
New Delhi, the 22nd February, 2023
S.O. 812(E).—Whereas, by virtue of the Section 7 of the India International Arbitration Centre Act, 2019
(17 of 2019) on the specified date, so much of the undertakings of the International Centre for Alternative Dispute
Resolution as form part of, or are relatable to the Society, and the right, title, and interest of the Society in relation to
such undertakings were transferred to, and vested in, the Central Government;
And whereas, the Government of India in the Ministry of Law and Justice vide notification number
S.O. 2717(E), dated the 13th June, 2022 published in part-II, Section 3, Sub-section (ii) in the Gazette of India notified
the establishment of the India International Arbitration Centre in exercise of the power under sub-section (1) of
section 3 of the said Act.
Now, therefore, in exercise of powers conferred by sub-section (1) of section 10 of the said Act, the Central
Government hereby directs that the undertakings and the right, title and the interest of the International Centre for
Alternative Dispute Resolution in relation to such undertakings which had vested in the Central Government under
section 7 of the said Act, shall vest in the India International Arbitration Centre with effect from the date of
publication of this notification in the Official Gazette.
[F. No. A-60011/24/2022-IIAC/Part-1]
Dr. RAJIV MANI, Addl. Secy.
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.