Section 21 of IIAC : Section 21: Chief Executive Officer
IIAC
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Explanation using Example
Imagine a situation where a large multinational corporation and an Indian company have a dispute regarding a breach of contract. They have agreed to resolve their disputes through arbitration at the India International Arbitration Centre (IIAC). The Chief Executive Officer (CEO) of the IIAC plays a crucial role in this scenario. As per Section 21(1) of the India International Arbitration Centre Act, 2019, the CEO is responsible for the day-to-day administration of the Centre. This means the CEO ensures that the facilities are prepa...
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