Up to the present date, the Arbitration and Conciliation Act, 1996 [hereinafter referred to as ‘the Act’] has been subjected to amendment thrice i.e. in the years 2015, 2019 and 2021. However, the most major overhaul to the Act was done through the Arbitration and Conciliation (Amendment) Ordinance, 2015 (later replaced by the Arbitration and Conciliation Amendment Act, 2015) [hereinafter referred to as ‘the 2015 Amendment Act’], inter alia, amending sections 34 and 36 of the Act.
