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The Arbitration and Conciliation Act, 1996: page 29

The Arbitration and Conciliation Act, 1996, India Code delivered snapshot 6fb32e5ffe258174, physical page 29. Unreviewed extraction.

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    or administration of arbitration, to be appointed by the Central Government in consultation with the
    Chief Justice of India–Chairperson;
         (b) an eminent arbitration practitioner having substantial knowledge and experience in
    institutional arbitration, both domestic and international, to be nominated by the Central
    Government–Member;
        (c) an eminent academician having experience in research and teaching in the field of arbitration
    and alternative dispute resolution laws, to be appointed by the Central Government in consultation
    with the Chairperson–Member;
        (d) Secretary to the Government of India in the Department of Legal Affairs, Ministry of Law and
    Justice or his representative not below the rank of Joint Secretary–Member, ex officio;
        (e) Secretary to the Government of India in the Department of Expenditure, Ministry of Finance
    or his representative not below the rank of Joint Secretary– Member, ex officio;
        (f) one representative of a recognised body of commerce and industry, chosen on rotational basis
    by the Central Government Part-time Member; and
        (g) Chief Executive Officer-Member-Secretary, ex officio.
    (2) The Chairperson and Members of the Council, other than ex officio Members, shall hold office as
                                                                      e
such, for a term of three years from the date on which they enter upon their office:
                                                                od
    Provided that no Chairperson or Member, other than ex officio Member, shall hold office as such after
                                                           aC
he has attained the age of seventy years in the case of Chairperson and sixty-seven years in the case of
Member.
                                                     di
     (3) The salaries, allowances and other terms and conditions of the Chairperson and Members referred
                                                In
to in clauses (b) and (c) of sub-section (1) shall be such as may be prescribed by the Central Government.
    (4) The Part-time Member shall be entitled to such travelling and other allowances as may be
prescribed by the Central Government.
     43D. Duties and functions of Council.––(1) It shall be the duty of the Council to take all such
measures as may be necessary to promote and encourage arbitration, mediation, conciliation or other
alternative dispute resolution mechanism and for that purpose to frame policy and guidelines for the
establishment, operation and maintenance of uniform professional standards in respect of all matters
relating to arbitration.
   (2) For the purposes of performing the duties and discharging the functions under this Act, the
Council may—
        (a) frame policies governing the grading of arbitral institutions;
        (b) recognise professional institutes providing accreditation of arbitrators;
        (c) review the grading of arbitral institutions and arbitrators;
        (d) hold training, workshops and courses in the area of arbitration in collaboration of law firms,
    law universities and arbitral institutes;
        (e) frame, review and update norms to ensure satisfactory level of arbitration and conciliation;
       (f) act as a forum for exchange of views and techniques to be adopted for creating a platform to
    make India a robust centre for domestic and international arbitration and conciliation;
       (g) make recommendations to the Central Government on various measures to be adopted to
    make provision for easy resolution of commercial disputes;
        (h) promote institutional arbitration by strengthening arbitral institutions;


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Compare original page imageComplete official PDF physical page 29; includes original layout and notes