PUNJAB COLLEGE OF TECHNICAL EDUCATION

SUBMIT BY : SUBMIT TO :
DANISH TANDON DR. RAJPREET SINGH
MBA – 2B FACULTY OF BUSINESS MGMT.
2213749
 ABOUT : INDIAN COUNCIL OF ARBITRATION
• Established in 1965 as national arbitral body under govt. of India
• Registered society under societies registration act 1860

• Today ,one of the most important arbitration centers in the Asia

Pacific,
•  handling more than 4500 domestic and international arbitration
cases each year.
• Member of the Federation of International Commercial Arbitral
Institution
 
FUNCTIONS OF ICA
• The Council provides arbitration and
• Organize workshops, training programs, etc., in collaboration with law
universities and law firms
• renders conciliation and
• advisory services to the trade.
• It also conducts research and publishes Informative literature and a
Quarterly Journal.
• Make recommendations to the central government.
ICA OFFICE BEARERS
 ICA OFFICES
• Head office : New Delhi
• Regional offices : Kolkata ,Chennai and Mumbai
• State-level offices : Ahmedabad,
Bangalore,
Bhubaneshwar,
Hyderabad,
Pune,
Cochin,
Guwahati,
Jaipur 
ARBITRATORS
FAST TRACK ARBITRATION
• The special feature of the rules of arbitration of the Council,

• disputes are settled within a fixed time frame of 3-6 months or any other
time frame agreed by the parties.

• Arbitrators decide the matter within the time frame on written submission
without oral hearings.

• It Inspires confidence in the foreign investors

ADVANTAGES OF ICA
• Efficient alternative to court proceedings.
• Avoids delays, costs, and technicalities.
• Economical and informal settlement option.
• Maintains privacy, keeps awards confidential.
• Involves expert arbitrator in subject matter.
• Conveniently scheduled arbitration meetings for all.
NETWORK OF ICA SERVICE AGREEMENTS WITH
FOREIGN ARBITRAL ORGANISATIONS
• In order to provide arbitration services under the Rules of
Foreign Arbitral Organisations,

• ICA has service agreement with international arbitral

organiations of USA, UK, Russian Federation,
Canada, Italy, Germany,
Singapore, Australia etc.
ARBITRAION REGISTRATION FEE
DOMESTIC ARBITRATOR & ADMIN. CHARGES
INTERNATIONAL ARBITRATOR & ADMIN. CHARGES
 References :
• https://icaindia.co.in/about
• https://strictlylegal.in/difference-between-conciliation-and-arbitration/#:~:text=Conciliation
%20is%20an%20informal%20process,arbitrator)%20decides%20on%20a%20settlement.
• https://www.indiacode.nic.in/bitstream/123456789/1978/1/A1996-26.pdf -ACT
• https://icaindia.co.in/pdf/Rules%20of%20International%20Commercial%20Arbitration.pdf