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Core Purpose

This notification introduces the India International Arbitration Centre (Criteria for Admission to the panel of arbitrators) Amendment Regulations, 2025, to further amend the India International Arbitration Centre (Criteria for Admission to the panel of arbitrators) Regulations, 2023.

Detailed Summary

The India International Arbitration Centre (IIAC), with the previous approval of the Central Government and exercising powers under clause (e) of sub-section (2) of section 31 of the India International Arbitration Centre Act, 2019 (17 of 2019), has issued the India International Arbitration Centre (Criteria for Admission to the panel of arbitrators) Amendment Regulations, 2025. These regulations, published on December 24, 2025, amend the principal regulations, the India International Arbitration Centre (Criteria for Admission to the panel of arbitrators) Regulations, 2023 (originally published on March 31, 2023, vide notification number A-60011/3/2023-IIAC). Key amendments include inserting definitions for "micro enterprise" and "small enterprise" as per clauses (h) and (m) respectively of section 2 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006), into regulation 2. Regulation 3 is amended to specify that the Registrar shall be the Member Secretary of the Chamber of Arbitration. Regulation 5 is substituted, allowing any person with expertise in domestic or international arbitration to apply for empanelment, preferably online at www.indiaiac.org, with a non-refundable fee of rupees ten thousand, reduced to rupees two thousand and five hundred for applications concerning disputes of micro or small enterprises. Regulation 6 is also amended, introducing provisos that for resolution of disputes of a micro or small enterprise, the applicant's minimum age shall be twenty-five years, and the five-year experience requirement shall not be necessary. The notification is signed by Navin Kumar Singh, Chief Executive Officer, IIAC.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-26122025-268824 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 827] NEW DELHI, WEDNESDAY, DECEMBER 24, 2025/PAUSHA 3, 1947 INDIA INTERNATIONAL ARBITRATION CENTRE NOTIFICATION New Delhi, the 24th December, 2025 F. No. A-60011/3/2023-IIAC-In exercise of the powers conferred by clause (e) of sub-section (2) of section 31 of the India International Arbitration Centre Act, 2019 (17 of 2019), the India International Arbitration Centre, with the previous approval of the Central Government, hereby makes the following regulations further to amend the India International Arbitration Centre (Criteria for Admission to the panel of arbitrators) Regulations, 2023, namely: - 1. Short title and commencement. - (1) These regulations may be called the India International Arbitration Centre (Criteria for Admission to the panel of arbitrators) Amendment Regulations, 2025. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the India International Arbitration Centre (Criteria for Admission to the panel of arbitrators) Regulations, 2023 (hereinafter referred to as the said regulations), in regulation 2, in sub-regulation (1), - (i) after clause (e), the following clause shall be inserted, namely:- '(ea) "micro enterprise" means the micro enterprise as defined under clause (h) of section 2 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006); (ii) after clause (h), the following clause shall be inserted, namely:- '(i) "small enterprise" means the small enterprise as defined under clause (m) of section 2 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006);. 3. In the said regulations, in regulation 3, after sub-regulation (2), the following sub-regulation shall be inserted, namely: - "(3) The Registrar shall be the Member Secretary of the Chamber of Arbitration.". 4. In the said regulations, in regulation 5, for sub-regulations (1) and (2), the following sub-regulations shall be substituted, namely:- "(1) Any person having expertise, experience and standing either in domestic arbitration or international arbitration or both, may apply for empanelment as an arbitrator. (2) An application for empanelment as an arbitrator shall preferably be made online on the website of the Centre (www.indiaiac.org): Provided that an application may be made in the Form, annexed to these regulations to the office of the Registrar accompanied by a non-refundable fee of rupees ten thousand: Provided further that an application for empanelment as an arbitrator for resolution of disputes of a micro enterprise or a small enterprise shall be accompanied by a non-refundable fee of rupees two thousand and five hundred.". 5. In the said regulations, in regulation 6, in sub-regulation (1), - (a) in clause (i), the following proviso shall be inserted, namely: - "Provided that for resolution of disputes of a micro enterprise or a small enterprise, the applicant shall not be less than twenty-five years of age.". (b) in clause (ii), the following proviso shall be inserted, namely: - "Provided that the experience of five years shall not be necessary for resolution of disputes of a micro enterprise or a small enterprise.". NAVIN KUMAR SINGH, Chief Executive Officer, IIAC [ADVT.-III/4/Exty./565/2025-26] Note:- The principal regulations were published in the Gazette of India, Part III, Section 4 vide notification number A-60011/3/2023-IIAC, dated the 31st March, 2023.

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