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Q73 (CISF/2023) Polity & Governance › Governance, Policies & Social Justice

In June 2023, the Government of India set up an expert panel to recommend reforms in the Arbitration and Conciliation Act, 1996 with an aim to reduce the burden on courts. The Committee is headed by who among the following ?

Explanation

In June 2023, the Ministry of Law and Justice (Department of Legal Affairs) constituted a high-level expert committee to recommend reforms in the Arbitration and Conciliation Act, 1996. The committee was chaired by Shri T.K. Viswanathan, who is a former Law Secretary and former Secretary General of the Lok Sabha.

  • The primary objective of the panel was to evaluate the functioning of the current arbitration law and suggest measures to minimize court intervention, thereby reducing the judicial burden.
  • The reforms aim to make India a preferred destination for domestic and international commercial arbitration.
  • The committee submitted its report to the Law Ministry in 2024, suggesting various amendments to streamline the arbitration process and ensure time-bound disposal of cases.
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