India International Arbitration Centre Act, 2019 – Bare Act

The India International Arbitration Centre Act, 2019

Chapter-I Preliminary

Section-1 Short title, extent, commencement and application

Section-2 Definitions

Chapter-II Establishment and Incorporation of India International Arbitration Centre

Section-3 Establishment and Incorporation of India International Arbitration Centre

Section-4 Declaration of India International Arbitration Centre as an institution of national importance

Section-5 Composition of Centre

Section-6 Terms and conditions etc. of Chairperson and Members

Chapter-III Acquisition and Transfer of Undertakings of Society

Section-7 Transfer and Vesting

Section-8 General effect of vesting

Section-9 Liability prior to specified date

Section-10 Power of Central Government to direct vesting of undertaking in Centre

Section-11 Management etc. of undertakings

Section-12 Duties of persons in charge of management of undertakings to deliver all assets

Section-13 Certain powers of Central Government or Centre

Section-14 Objects of Centre

Section-15 Functions of Centre

Section-16 Vacancies etc not to invalidate proceedings of Centre

Section-17 Resignation of Members

Section-18 Removal of Members

Section-19 Committees of Centre

Section-20 Meetings of Centre

Section-21 Chief Executive Officer

Section-22 Delegation of powers

Section-23 Secretariat

Chapter-IV Finance, Accounts and Audit

Section-24 Grants by Central Government

Section-25 Fund of Centre

Section-26 Accounts and audit

Section-27 Assessment of assets and liabilities of undertaking

Chapter-V Chamber of Arbitration and Arbitration Academy

Section-28 Chamber of Arbitration

Section-29 Arbitration Academy

Chapter-VI Miscellaneous

Section-30 Power to make rules

Section-31 Power to make regulations

Section-32 Laying of rules and regulations

Section-33 Protection of action taken in good faith

Section-34 Power to remove difficulty

Section-35 Repeal and Savings

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