Tag: Arbitration and Conciliation (Amendment) Ordinance
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Arbitration and Conciliation (Amendment) Ordinance, 2020: Widening the Purview of the Act
The Arbitration and Conciliation (Amendment) Ordinance was promulgated on 4th November 2020 by the President of India to ensure that all the stakeholders get an unconditional stay on the enforcement of arbitral awards where the Court finds out that the underlying agreement or the making of the award is induced by fraud or corruption and…