{"id":194071,"date":"2018-03-16T17:02:38","date_gmt":"2018-03-16T11:32:38","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=194071"},"modified":"2018-03-23T11:55:27","modified_gmt":"2018-03-23T06:25:27","slug":"arbitration-and-conciliation-amendment-act-2015-is-prospective-in-nature","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/16\/arbitration-and-conciliation-amendment-act-2015-is-prospective-in-nature\/","title":{"rendered":"Arbitration and Conciliation (Amendment) Act, 2015 is prospective in nature"},"content":{"rendered":"

Supreme Court<\/strong>: In the case where the Bench of RF Nariman and Navin Sinha, JJ was deciding the question as to the nature of the Arbitration and Conciliation (Amendment) Act, 2015, it was held:<\/p>\n

\n

\u201cthe Amendment Act is prospective in nature and will apply to those arbitral proceedings that are commenced, as understood by Section 21 of the Arbitration and Conciliation Act, 1996, on or after the Amendment Act, and to Court proceedings which have commenced on or after the Amendment Act came into force.\u201d<\/p>\n<\/blockquote>\n

Regarding the question as to whether Section 36 of the Arbitration and Conciliation Act, 1996, which was substituted by the Amendment Act, would apply in its amended form or in its original form to the appeals in question, the Court said that<\/p>\n

\n

\u201cin all cases where the Section 34 petition is filed after the commencement of the Amendment Act, and an application for stay having been made under Section 36 therein, will be governed by Section 34 as amended and Section 36 as substituted.\u201d<\/p>\n<\/blockquote>\n

On the question relating to Section 34 petitions that have been filed before the commencement of the Amendment Act, which were governed by Section 36 of the old Act, the Court said:<\/p>\n

\n

\u201cexecution of a decree pertains to the realm of procedure, and that there is no substantive vested right in a judgment debtor to resist execution, Section 36, as substituted, would apply even to pending Section 34 applications on the date of commencement of the Amendment Act.\u201d<\/p>\n<\/blockquote>\n

The Court also directed that a copy of this judgment be given to the Ministry of Law and Justice:<\/p>\n

\n

\u201cThe Government will be well-advised in keeping the aforesaid Statement of Objects and Reasons in the forefront, if it proposes to enact Section 87 on the lines indicated in the Government\u2019s press release dated 7th<\/sup> March, 2018. The immediate effect of the proposed Section 87 would be to put all the important amendments made by the Amendment Act on a back-burner, such as the important amendments made to Sections 28 and 34 in particular, which, as has been stated by the Statement of Objects and Reasons.\u201d<\/p>\n<\/blockquote>\n

The Court said that it is this basic scheme which is adhered to by Section 26 of the Amendment Act, which ought not to be displaced as the very object of the enactment of the Amendment Act would otherwise be defeated. [Board of Cricket Control of India v. Kochi Cricket Pvt. Ltd., 2018 SCC OnLine SC 232<\/a>, decided on 16.03.2018]<\/p>\n","protected":false},"excerpt":{"rendered":"

Supreme Court: In the case where the Bench of RF Nariman and Navin Sinha, JJ was deciding the question as to the <\/p>\n","protected":false},"author":121,"featured_media":154914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,9],"tags":[3226,29530,2526],"class_list":["post-194071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-supremecourt","tag-arbitration","tag-arbitration-amendment-actt","tag-Interpretation"],"yoast_head":"\nArbitration and Conciliation (Amendment) Act, 2015 is prospective in nature | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Here’s why","author":"Prachi Bhardwaj","date":"November 27, 2019","format":false,"excerpt":"Supreme Court: The 3-judge bench of RF Nariman, Surya Kant and V. Ramasubramanian, JJ has held that Section 87 of the Arbitration and Conciliation Act, 1996 must be struck down as manifestly arbitrary under Article 14. Section 87 as introduced by the Arbitration and Conciliation (Amendment) Act, 2019 states that\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":193838,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/08\/cabinet-approves-arbitration-conciliation-amendment-bill-2018\/","url_meta":{"origin":194071,"position":1},"title":"Cabinet approves the Arbitration and Conciliation (Amendment) Bill, 2018","author":"Saba","date":"March 8, 2018","format":false,"excerpt":"The Union Cabinet has approved the Arbitration and Conciliation (Amendment) Bill, 2018 for introduction in Parliament. It is a part of the efforts of the Government to encourage institutional arbitration for settlement of disputes and make India a centre of robust Alternative Dispute Resolution (ADR) mechanism. Benefits: The Amendments in\u2026","rel":"","context":"In "Cabinet Decisions"","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":291751,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/10\/supreme-court-resolves-enigma-retrospective-applicability-of-arbitration-amendment-act-2015-legal-news\/","url_meta":{"origin":194071,"position":2},"title":"Notice invoking arbitration issued prior to 2015 Amendment but application filed post Amendment: SC resolves enigma around applicability of Arbitration Amendment Act 2015","author":"Prachi Bhardwaj","date":"May 10, 2023","format":false,"excerpt":"Upholding the Telangana High Court judgment, the Supreme Court held that the law prevailing prior to the Arbitration and Conciliation (Amendment) Act, 2015 shall be applicable in a case where the notice invoking arbitration is issued prior to the Amendment Act, 2015.","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"applicability of arbitration amendment act 2015","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/applicability-of-arbitration-amendment-act-2015.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/applicability-of-arbitration-amendment-act-2015.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/applicability-of-arbitration-amendment-act-2015.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/applicability-of-arbitration-amendment-act-2015.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":238549,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/11\/05\/arbitration-and-conciliation-amendment-ordinance-2020-stakeholder-get-opportunity-to-seek-unconditional-stay-of-enforcement-of-arbitral-awards-induced-by-fraud-or-corruption\/","url_meta":{"origin":194071,"position":3},"title":"Arbitration and Conciliation (Amendment) Ordinance, 2020: Stakeholder get opportunity to seek unconditional stay of enforcement of arbitral awards induced by fraud or corruption","author":"Bhumika Indulia","date":"November 5, 2020","format":false,"excerpt":"President promulgates Arbitration and Conciliation (Amendment) Ordinance, 2020 Amendment of Section 36 In Section 36 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the principal Act), in sub-section (3), after the proviso, the following shall be inserted and shall be deemed to have been inserted with effect\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89921,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/12\/05\/amendment-to-arbitration-conciliation-act-1996-to-have-retrospective-effect-on-pending-post-award-court-proceedings\/","url_meta":{"origin":194071,"position":4},"title":"Amendment to Arbitration & Conciliation Act, 1996 to have retrospective effect on pending post-award court proceedings","author":"Saba","date":"December 5, 2016","format":false,"excerpt":"Bombay High Court:\u00a0In the case where Board of Control for Cricket in India (BCCI) challenged both the arbitral awards ordered against it, by filing applications under the Arbitration and Conciliation Act, 1996, an amendment was brought to the Act subsequently. The Bench of R.P. SondurBaldota, J., dismissing the applications upheld\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/Bombay-HC.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":282502,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/26\/supreme-court-parties-can-adduce-evidence-or-additional-evidence-in-proceedings-under-section-34-of-arbitration-act-if-strong-exceptional-case-is-made-ou\/","url_meta":{"origin":194071,"position":5},"title":"Supreme Court| Pre-amended Section 34(2)(a) shall be applicable on arbitration proceedings commenced and concluded prior to amendment of 2019","author":"Editor","date":"January 26, 2023","format":false,"excerpt":"Upholding the Karnataka High Court order, the Supreme Court held that the Karnataka High Court has not committed any error in permitting the respondents to file affidavits\/additional evidence in the proceedings under Section 34 of the Arbitration Act. 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