Arbitration and Conciliation (Amendment) Ordinance, 2020
November 7 , 2020 1531 days 920 0
President Ram Nath Kovind gave his assent to this ordinance.
It was to further amend Arbitration and Conciliation Act 1996.
Under the ordinance, all stakeholders will get an opportunity to seek an unconditional stay on enforcement of arbitral awards where the underlying arbitration agreement may be induced by fraud or corruption.