DRAFT NEW DELHI INTERNATIONAL ARBITRATION CENTRE (NDIAC) RULES

Feb. 25, 2020

Draft New Delhi International Arbitration Centre (NDIAC) Rules have been issued for public consultation with the timeline of submission of comments by 14th March, 2020.

Background: New Delhi International Arbitration Centre (NDIAC), Act 2019

The New Delhi International Arbitration Centre (NDIAC), Act 2019 was enacted to establish and make NDIAC a hub for institutional arbitration and to declare it as an institution of national importance.
NDIAC will be headed by a Chairperson, who has been a Judge of the Supreme Court or a Judge of a High Court or an eminent person appointed by the Central Government in consultation with the Chief Justice of India.
Besides, it will also have two Full-time or Part-time Members from amongst eminent persons having experience in institutional arbitration, both domestic and international.
In addition, one representative of a recognized body of commerce and industry shall be nominated on rotational basis as a Part-time Member.
The Secretary, Department of Legal Affairs, Ministry of Law & Justice; Financial Adviser nominated by Department of Expenditure, Ministry of Finance and Chief Executive Officer, NDIAC will be ex-officio Members.
Section 23 of the Act provides for the Secretariat to the Centre inter-alia comprising Registrar, Counsel and other officers & employees etc.