KEY AMENDMENTS TO THE ARBITRATION AND CONCILIATION ACT, 1996

ABSTRACT The delay in delivering justice by the judiciary is rampant and on the other side there is a massive piling up of cases in the ordinary courts. The judges and other judicial officers are pressurised and hence there is an indispensable need for an alternative method to resolve and conclude cases. Alternative Dispute Resolution is an innovative method which includes arbitration, mediation, conciliation and negotiation to resolve disputes outside courts wherein an impartial and independent third party is engaged by the parties in dispute to resolve the matter. The…