Arbitration and Conciliation Act, 1996 — back to Table of Contents
Section 43B. Establishment and incorporation of Arbitration Council of India
(1) The Central Government shall, by notification in the Official Gazette, establish, for the purposes of this Act, a Council to be known as the Arbitration Council of India to perform the duties and discharge the functions under this Act.
(2) The Council shall be a body corporate by the name aforesaid, having perpetual succession and a common seal, with power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to enter into contract and shall, by the said name, sue or be sued.
(3) The head office of the Council shall be at Delhi.
(4) The Council may, with the prior approval of the Central Government, establish offices at other places in India.
Current Status: Although Part IA came into force on 12 October 2023 (Notification No. S.O. 4486(E)), the Arbitration Council of India has not yet been constituted — no notification establishing the Council under sub-section (1) has been issued as of 2026. A Draft Arbitration and Conciliation (Amendment) Bill, 2024 is under consideration, which proposes further changes to the institutional arbitration framework.
