Law Commission's Report on Arbitration (Updated)

The Law Commission of India, under the Chairmanship of AP Shah, J. has submitted a report on amending the Arbitration and Conciliation Act, 1996 to the Law Minister. The Report also contains a Draft Amending Bill. The Report recommends amendments relating to institutional arbitration, framing of model fee schedule, empowerment of High Courts to frame rules for arbitrator fee in domestic arbitration, prohibition of appointment by PSUs of their own employees as arbitrator, statutory enforcement of interim measures ordered by the tribunal, imposition of costs in frivolous arbitration cases, different schemes for setting aside award in domestic and international commercial arbitration.

The report can be accessed from this link.