The tenth edition of the bookauthored by Dr. P. C. Markanda, NareshMarkanda, Senior Advocates and Rajesh Markanda, Advocate, is being published after a period of nearly 3½ years since the last edition. During these years, there has been a sea-change in the law. The effects of the 2015 amendments have been largely positive. The judgments of various courts have been quite positive. The 2019 amendments seek to further the cause of institutional arbitrations.
The book is a section wise commentary on Arbitration and Conciliation Act, 1996 covering all aspects of Arbitration law including a commentary on the Arbitration and Conciliation (Amendment) Act, 2015 and the Arbitration and Conciliation (Amendment) Act, 2019. This book also incorporates judicial and legislative developments since the last edition reflecting the current trend in arbitration law.The historical background on the evolution of Arbitration since the pre-British era is a unique feature of this work.
With the increasing popularity of arbitration and conciliation as dispute resolution mechanisms, this book proves essential for corporate lawyers, arbitrators, judges, law schools, and legal departments of companies.
The book is a standard reference for Arbitrators, Judges, Advocates, Corporate Lawyers, Law firms, Indian Council of Arbitration, In-house counsels, Judicial Academies, ADR Institutions, Conciliators and Mediators, Court and Tribunal Libraries, Industry Chambers, Government Departments, and Law School Libraries.
The book has been cited in a number of judgments by the High Courts and the Supreme Court of India.