President promulgated Ordinances on Constitution of Commercial Courts and Amendment to the Arbitration & Conciliation Act 1996

The ordinance on amending the Arbitration and Conciliation Act 1996 seeks amendments based on the Law Commission’s recommendations of 246th reports and suggestions received from stakeholders.

Created On: Oct 24, 2015 11:11 IST

The President of India Pranab Mukherjee on 23 October 2015 promulgated two ordinances - Constitution of Commercial Courts and Amendment of the Arbitration and Conciliation Act 1996.

Ordinance on Constitution of Commercial Courts
seeks constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and for matters connected there with or incidental thereto.

The ordinance on amending the Arbitration and Conciliation Act 1996 seeks amendments based on the Law Commission’s recommendations of 246th reports and suggestions received from stakeholders.

The Union Cabinet earlier on 21 October 2015 approved promulgation of these ordinances and recommended the same to the President.

Now get latest Current Affairs on mobile, Download # 1  Current Affairs App

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

AndroidIOS

Related Stories

Comment (0)

Post Comment

9 + 0 =
Post
Disclaimer: Comments will be moderated by Jagranjosh editorial team. Comments that are abusive, personal, incendiary or irrelevant will not be published. Please use a genuine email ID and provide your name, to avoid rejection.

    Monthly Current Affairs PDF

    • Current Affairs PDF November 2021
    • Current Affairs PDF October 2021
    • Current Affairs PDF September 2021
    • Current Affairs PDF August 2021
    • Current Affairs PDF July 2021
    • Current Affairs PDF June 2021
    View all

    Monthly Current Affairs Quiz PDF

    • Current Affairs Quiz PDF November 2021
    • Current Affairs Quiz PDF October 2021
    • Current Affairs Quiz PDF September 2021
    • Current Affairs Quiz PDF August 2021
    • Current Affairs Quiz PDF July 2021
    • Current Affairs Quiz PDF June 2021
    View all