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In force

The India International Arbitration Centre Act, 2019

35 sections · As amended up to 2026-08

Sections

  1. I — PRELIMINARY
  2. 1Short title and commencement
  3. 2Definitions
  4. II — ESTABLISHMENT AND INCORPORATION OF[3] [INDIA INTERNATIONAL ARBITRATION CENTRE]
  5. 3Establishment and incorporation of[4] [India International Arbitration Centre]
  6. 4Declaration of[1] [India International Arbitration Centre] as an institution of national importance
  7. 5Composition of Centre
  8. 6Terms and conditions, etc., of Chairperson and Members
  9. III — ACQUISITION AND TRANSFER OF UNDERTAKINGS OF SOCIETY
  10. 7Transfer and vesting
  11. 8General effect of vesting
  12. 9Liability prior to specified date
  13. 10Power of Central Government to direct vesting of undertaking in Centre
  14. 11Management, etc., of undertakings
  15. 12Duties of persons in charge of management of undertakings to deliver all assets
  16. 13Certain powers of Central Government or Centre
  17. 14Objects of Centre
  18. 15Functions of Centre
  19. 16Vacancies, etc., not to invalidate proceedings of Centre
  20. 17Resignation of Members
  21. 18Removal of Members
  22. 19Committees of Centre
  23. 20Meetings of Centre
  24. 21Chief Executive Officer
  25. 22Delegation of powers
  26. 23Secretariat
  27. IV — FINANCE, ACCOUNTS AND AUDIT
  28. 24Grants by Central Government
  29. 25Fund of Centre
  30. 26Accounts and audit
  31. 27Assessment of assets and liabilities of undertaking
  32. V — CHAMBER OF ARBITRATION AND ARBITRATION ACADEMY
  33. 28Chamber of arbitration
  34. 29Arbitration Academy
  35. VI — MISCELLANEOUS
  36. 30Power to make rules
  37. 31Power to make regulations
  38. 32laying of rules and regulations
  39. 33Protection of action taken in good faith
  40. 34Power to remove difficulty
  41. 35Repeal and savings