qthe-arbitration-and-conciliation-amendment-act-2019-was-enacted-in-order-to-make-the-arbitration-process-user-friendly-cost-effective-and-ensure-speedy-disposal-and-neutrality-of-arbitrators-discuss

Q.1)The Arbitration and Conciliation (Amendment) Act, 2019 was enacted in order to make the arbitration process user-friendly, cost-effective and ensure speedy disposal and neutrality of arbitrators. Discuss.

Why this question:

Important topic of GS Paper II.

Key demand of the question:

Explain the importance of the Arbitration and Conciliation (Amendment) Act, 2019.

Directive:

Discuss- back up the answer by carefully selected evidence to make a case for and against an argument, or point out the advantages and disadvantages of the given context and finally arrive at a conclusion.

Introduction:

Give a brief introduction about the Arbitration and Conciliation (Amendment) Act, 2019.

Body:

In the first part, highlight the key provision of the Act and the amendments made. 

In the next part, mention the significance of the act in making the arbitration process user-friendly, cost-effective and ensuring speedy disposal and neutrality of arbitrators. Also mention certain lacuna of the Act and ways to resolve them.

Conclusion:

Conclude with a way forward.