Indian Polity · Polity

Consider the following statements regarding the amendments and legal developments related to arbitration governance in India: I. The 2019 amendments to the Arbitration Act empowered the proposed Arbitration Council of India (ACI) to grade arbitral institutions and accredit arbitrators. II. Under existing law, the Supreme Court and High Courts designate arbitral institutions for international commercial and domestic arbitrations. Which of the above statements is/are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

Both I and II

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