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Section 3: Establishment and incorporation of India International Arbitration Centre

The India International Arbitration Centre Act, 2019Central Act · Act 17 of 2019

CHAPTER II

ESTABLISHMENT AND INCORPORATION OF [INDIA INTERNATIONAL ARBITRATION CENTRE]

3. Establishment and incorporation of [India International Arbitration Centre].--- (1) The Central Government shall, by notification, establish a body to be called the [India International Arbitration Centre] for the purposes of exercising the powers and discharging the functions under this Act.

(2) The Centre shall be a body corporate by the name aforesaid, having perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to enter into contract, and shall, by the said name, sue or be sued.

Where this provision sits

ActThe India International Arbitration Centre Act, 2019
Section3
Marginal noteEstablishment and incorporation of India International Arbitration Centre
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 23 of 2022. . Subs. by Act 23 of 2022, s. 6, for Chapter heading "NEW DELHI INTERNATIONAL ARBITRATION CENTRE" (w.e.f. 27-1- 2023).
  • substituted. . Subs. by s. 7, ibid., for "New Delhi International Arbitration Centre" (w.e.f. 27-1-2023).

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