India, Feb. 6 -- The Government of India issued the following news release:
The India International Arbitration Centre (Centre) has been established as an institution of national importance under the provisions of the India International Arbitration Centre Act, 2019, for the purpose of creating an independent, autonomous and world class body for facilitating institutional arbitration. In order to position India as a hub of arbitration, the Centre has framed and notified the India International Arbitration Centre (Conduct of Arbitration) Regulations 2023, which lay down a detailed procedure for the conduct of arbitration, at par with leading global arbitral institutions. Further, in terms of section 28 of the Act, the Centre has established...