The Department of Legal Affairs has proposed the Draft Arbitration and Conciliation (Amendment) Bill, 2024, with an aim to boost institutional arbitration, reduce court intervention, and ensure timely conclusion of arbitration proceedings. The proposed amendments reflect an objective to align India’s arbitration rules and practices with prevailing international standards. Furthermore, the legislature has sought to codify major judicial rulings regarding the interpretation of the Act. The proposed Bill leaves room for addressing certain additional areas and includes some provisions that may increase complexity in the existing arbitration framework. This blog aims to address such provisions and the gaps in the Bill.