π Arbitration and Conciliation (As Amended by the Mediation Act, 2023)
βοΈ Author: N.D. Basu
π Edition: 14th (2024)
π Language: English
π’ Publisher: Orient Publishing Company
The 14th Edition (2024) of N.D. Basuβs Arbitration and Conciliation stands as one of the most comprehensive, authoritative, and practitioner-oriented treatises on arbitration law in India. This updated edition meticulously incorporates the far-reaching implications of the Mediation Act, 2023 (Act No. 32 of 2023) and the latest judicial pronouncements interpreting the Arbitration and Conciliation Act, 1996, as amended.
With its legacy of scholarly precision and practical orientation, the book continues to serve as a definitive reference for lawyers, arbitrators, corporate counsel, and academicians, offering a balanced treatment of legislative framework, procedural nuances, and jurisprudential developments in domestic and international arbitration.
βοΈ Key Features of the 14th Edition (2024)
Amended by the Mediation Act, 2023:
Incorporates and analyses the Mediation Act, 2023, highlighting its interface with the Arbitration and Conciliation Act, 1996, especially in relation to:Pre-litigation mediation
Settlement agreements and enforceability
Institutional mediation and conciliation
Legislative intent behind integrating mediation and arbitration as alternative dispute resolution (ADR) mechanisms
Comprehensive Section-wise Commentary:
Each provision of the Arbitration and Conciliation Act, 1996 has been critically examined with cross-references to case law, Law Commission Reports, and international instruments.Updated with Recent Amendments & Judicial Rulings:
Includes important Supreme Court and High Court decisions up to December 2023, such as:Perkins Eastman Architects DPC v. HSCC (India) Ltd. (2020) β on unilateral appointment of arbitrators
NTPC Ltd. v. SPML Infra Ltd. (2023) β on limitation in arbitral claims
Delhi Metro Rail Corporation v. Delhi Airport Metro Express Pvt. Ltd. (2022) β on scope of judicial interference under Section 34
Bharat Broadband Network Ltd. v. United Telecoms Ltd. (2019) β on eligibility of arbitrators and independence
Government of India v. Vedanta Ltd. (2020) β on enforcement of foreign awards
Thorough Coverage of Arbitration Types & Jurisdictional Aspects:
Explains domestic arbitration, international commercial arbitration, and foreign awards, with clear analysis of Part I and Part II of the Act, including the New York Convention and Geneva Convention Awards.Practical Guidance for Arbitration Practice:
Provides detailed insights into:Appointment of arbitrators
Challenge and termination of mandate
Arbitral proceedings and evidence
Interim measures under Section 9 and Section 17
Enforcement and setting aside of awards
Confidentiality, costs, and institutional arbitration
Dedicated Commentary on the Mediation Act, 2023:
Explains the structure, scope, and implementation of the Mediation Act, 2023, and its synergistic relationship with arbitration and conciliation, ensuring clarity on how the two frameworks coexist under Indiaβs modern ADR regime.Comparative and Global Perspective:
Offers comparisons with UNCITRAL Model Law, UK Arbitration Act, 1996, and Singapore Arbitration and Mediation laws, contextualizing Indiaβs framework within global standards.Useful Appendices & Reference Material:
Includes:Full text of the Mediation Act, 2023
Arbitration and Conciliation Act, 1996 (as amended)
Model Arbitration Clauses and Institutional Rules
List of Recognized Arbitral Institutions
Tables of Cases, Statutes, and Rules for quick reference
π Contents Overview
Part I β Foundations of Arbitration Law
Historical Evolution of Arbitration in India
Objectives and Structure of the Arbitration and Conciliation Act, 1996
Relationship between Arbitration, Conciliation, and Mediation
Key Features of the Mediation Act, 2023
Part II β Domestic and International Arbitration
Part I β General Provisions on Arbitration
Definitions, scope, and party autonomy
Arbitration agreement (Sections 7β8)
Judicial intervention and reference to arbitration
Constitution of Arbitral Tribunal
Appointment procedures and challenges
Neutrality and independence of arbitrators
Termination of mandate and substitution
Jurisdiction of Arbitral Tribunal (Kompetenz-Kompetenz Principle)
Conduct of Arbitral Proceedings
Procedure, evidence, and hearings
Interim measures (Sections 9 & 17)
Court assistance in taking evidence
Part III β Arbitral Award & Enforcement
Arbitral Awards β Essentials, form, content, and time limits
Setting Aside of Awards (Section 34) β Grounds, limitation, and judicial review
Enforcement of Domestic Awards (Section 36) β Post-2015 and 2019 amendments
Finality and Binding Effect
Part IV β International Commercial Arbitration
Part II β Enforcement of Foreign Awards
New York Convention and Geneva Convention framework
Reciprocity, public policy, and procedural aspects
Part V β Conciliation and Mediation
Conciliation under Part III of the Act β Process, settlement, and enforceability
Mediation Act, 2023 β Scope, structure, and harmonization with arbitration
Comparative Study of Mediation & Conciliation
Part VI β Institutional Arbitration
Institutional vs. Ad hoc arbitration
Role of institutions such as MCIA, SIAC, LCIA, and ICC
Model Arbitration Clauses & Procedural Templates
Part VII β Miscellaneous and Practical Tools
Costs, Confidentiality, and Fast-track Arbitration (Section 29B)
Impact of the Arbitration and Conciliation (Amendment) Acts, 2015, 2019, and 2021
Drafting of Arbitration Clauses & Enforcement Strategies
ποΈ Highlights
β Incorporates Mediation Act, 2023 with cross-references
βοΈ Extensive case-law analysis from Indian and international jurisdictions
π Section-wise interpretation with contextual commentary
πΌ Practical guidance for lawyers, arbitrators, and mediators
π Comparative insights aligned with UNCITRAL principles
π§Ύ Model clauses, procedural templates, and legislative appendices
π©ββοΈ Utility for Readers
This updated edition serves as an indispensable tool for:
Judges, Lawyers, and Arbitrators involved in arbitration proceedings
Corporate Legal Advisors drafting and managing dispute resolution clauses
In-house Counsels overseeing commercial and cross-border contracts
Law Students and Researchers specializing in ADR and commercial law
Institutions and Policy Experts framing arbitration and mediation procedures
π§βπΌ About the Author
N.D. Basu, an eminent scholar of arbitration law, is celebrated for his lucid writing, doctrinal depth, and analytical clarity. His works are frequently cited by courts and academicians for their precision and comprehensive understanding of the subject. Through decades of editions, Basuβs Arbitration and Conciliation has become synonymous with trust and authority in ADR jurisprudence.
βοΈ Conclusion
The 14th Edition (2024) of N.D. Basuβs Arbitration and Conciliation, published by Orient Publishing Company, is a masterpiece of legal scholarship, blending statutory precision, judicial insight, and practical wisdom. It not only integrates the Mediation Act, 2023 seamlessly into the arbitration framework but also contextualizes Indiaβs ADR system within global best practices.
For practitioners and academicians alike, this edition remains the definitive guide to arbitration, conciliation, and mediation law in India β a benchmark in clarity, authority, and utility.
π In Summary:
A complete and updated guide to arbitration and mediation law β analytical, authoritative, and indispensable for every practitioner, scholar, and legal institution in India.