NEW DELHI INTERNATIONAL ARBITRATION CENTRE, BILL, 2018

April 28, 2019

The Lok Sabha passed the New Delhi international Arbitration Centre, Bill, 2018.

International Centre for Alternative Dispute Resolution (ICADR):

  • The International Centre for Alternative Dispute Resolution (ICADR), was set up in 1995.

  • It works under the aegis of the Supreme Court. The chief justice of India is the ex-officio chairperson of the ICADR, while former law minister H R Bhardwaj is the patron of the institution.

  • However, according to critiques, ICADR has not been able to embrace developments in the arbitration ecosystem.

New Delhi International Arbitration Centre, Bill, 2018:

  • In this background, the bill has been passed to provide for the establishment and incorporation of New Delhi International Arbitration Centre for –
    • creating an independent and autonomous regime for institutionalised arbitration and

    • take over the undertakings of the ICADR.



  • According to the bill, a high-level committee headed by Justice B N Srikrishna, a former Supreme Court judge, was constituted to promote institutional arbitration and make India its hub.