Arbitration Rules
A robust legal framework ensuring fair, systematic, and time-bound resolution for domestic and international disputes.
Framework of Excellence
Governing Procedures
MACC's arbitration rules are designed to align with the Arbitration and Conciliation Act, 1996 (as amended) while incorporating global institutional best practices. Our rules ensure that proceedings are conducted with maximum efficiency and minimum court intervention.
Key Pillars of MACC Rules:
- Party Autonomy: Parties retain the freedom to choose their arbitrators, language, and venue.
- Expedited Procedure: Special provisions for fast-track arbitration for smaller claim values.
- Emergency Arbitrator: Mechanism for urgent interim relief before the tribunal is formally constituted.
- Scrutiny of Awards: Internal institutional review to ensure the legal robustness of final awards.
Procedural Flow
The Arbitration Journey
1
Notice of Arbitration
Claimant files the request with MACC, detailing the dispute and the arbitration agreement.
2
Answer & Counter-claim
Respondent submits their defense and any counter-claims within the stipulated timeline.
3
Constitution of Tribunal
MACC facilitates the appointment of one or three arbitrators as per the agreement.
4
Conduct of Hearings
Procedural meetings, evidence submission, and final arguments occur systematically.
5
Award Issuance
The final award is drafted, scrutinized, and delivered within the time limit (usually 12 months).
6
Enforcement
The final award is binding and enforceable as a decree of the Civil Court.
Predictable Costing
MACC provides a transparent schedule of fees based on the 'Amount in Dispute'. This allows parties to budget for resolution with absolute clarity from the very beginning.