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Core Purpose

The India International Arbitration Centre (IIAC) has made the India International Arbitration Centre (Transaction of Business of Committees) Regulations, 2025, with the previous approval of the Central Government.

Detailed Summary

The India International Arbitration Centre (IIAC), exercising powers conferred by sub-section (1) and clause (aa) of sub-section (2) of section 31 of the India International Arbitration Centre Act, 2019 (17 of 2019), and with the Central Government's approval, has established the India International Arbitration Centre (Transaction of Business of Committees) Regulations, 2025. These regulations come into force on their publication date in the Official Gazette. They define terms like 'Act' (IIAC Act, 2019), 'Centre' (IIAC), 'Chairperson' (referred to in section 5(a) of the Act), 'Chief Executive Officer' (appointed under section 21 of the Act), and 'Committee' which includes the Executive Committee, Finance and Administration Committee, Work Committee, and Policy Advisory Committee, as constituted under rule 3(1) of the India International Arbitration Centre (Composition and Functions of the Committees) Rules, 2023. The regulations mandate that committees ordinarily meet at least twice in a financial year. Extraordinary meetings can be called by the Chairperson or three members, requiring three days' notice, while ordinary meetings require seven days' notice, both sent by electronic-mail by the Deputy Registrar. The Deputy Registrar is responsible for agenda preparation and circulation, with specific timelines. A quorum of three members (in person or virtual) is required for meetings, though an adjourned meeting may proceed with not less than two members. Minutes of meetings must be prepared by the Deputy Registrar within two weeks, approved by the presiding Chairman or member, and forwarded for adoption at the next meeting. The Executive, Works, and Policy Advisory Committees are presided over by a Centre-nominated member, while the Finance and Administration Committee is presided over by the Financial Advisor, Ministry of Law and Justice. Decisions are made by a majority vote, with the presiding Chairman holding a casting vote in case of a tie. Resolutions can also be adopted by circulation among members. This notification was issued from New Delhi on December 24, 2025, by NAVIN KUMAR SINGH, Chief Executive Officer.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30122025-268902 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 826] NEW DELHI, WEDNESDAY, DECEMBER 24, 2025/PAUSHA 3, 1947 INDIA INTERNATIONAL ARBITRATION CENTRE NOTIFICATION New Delhi, the 24th December, 2025 F. No. A-60011/106/2025-IIAC - In exercise of the powers conferred by sub-section (1) and clause (aa) 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, namely: 1. Short title and commencement. - (1) These regulations may be called the India International Arbitration Centre (Transaction of Business of Committees) Regulations, 2025. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions. – (1) In these regulations, unless the context otherwise requires,- (a) "Act" means the India International Arbitration Centre Act, 2019 (17 of 2019); (b) "Centre" means the India International Arbitration Centre established under section 3 of the Act; (c) "Chairperson" means the Chairperson of the Centre referred to in clause (a) of section 5 of the Act; (d) "Chief Executive Officer" means the Chief Executive Officer appointed under section 21 of the Act; (e) "Committee" means the committees constituted under sub-rule (1) of rule 3 of the India International Arbitration Centre (Composition and Functions of the Committees) Rules, 2023 and includes the Executive Committee, the Finance and the Administration Committee, the Work Committee, and the Policy Advisory Committee and such other committees as may be constituted from time to time; (f) "Member of the Centre” means the member as referred to in clause (g) of sub-section (1) of section 2 of the Act. (g) "member of the Committee" means the member as referred to in regulations 4, 5, 6 and 7 of the India International Arbitration Centre (Composition and Functions of the Committees) Rules, 2023; (h) "Registrar" means the Registrar referred to in clause (a) of sub-section (1) of section 23 of the Act. (2) Words and expressions used herein and not defined, but defined in the Act shall have the same meanings as assigned to them in the Act. 3. Meetings of the Committee. – (1) The Committee may meet as often as may be considered necessary for transaction of its business but shall ordinarily meet at least twice in a financial year on such date and time and at such place as may be decided by the Committee or the Chairperson. (2) If all the items of business to be transacted at a meeting of the Committee cannot be completed in one sitting, the meeting may be adjourned from time to time: Provided that at the adjourned meeting only the unfinished items in the agenda shall be discussed and decision taken thereof. 4. Extraordinary meeting. - An extraordinary meeting of the Committee may be called by the Chairperson or at least three members of the Committee, as the case may be, by giving a notice in writing. 5. Notice of meeting. – (1) The notice of every meeting of the Committee shall be signed by the Deputy Registrar intimating the time, date and place of the meeting. (2) The notice of every meeting of the Committee shall be sent by electronic-mail to every member, at least seven days before the date of the meeting and in the case of an extraordinary meeting, at least three days before the date of the meeting, stating therein the brief agenda of the meeting, setting out the items of business to be considered. 6. Agenda. - (1) The Deputy Registrar shall be responsible for preparation of the agenda for each meeting of the Committee and circulation thereof to all the members of the Committee at least three days before the date of an ordinary meeting and two days before an extraordinary meeting: Provided that the Deputy Registrar shall prepare the agenda of meeting in consultation with the presiding Chairman: Provided further that the Deputy Registrar may, in consultation with the presiding Chairman, modify the agenda of business subsequent to its issue. (2) Any business not included in the agenda shall not be transacted at a meeting of the Committee except with the permission of the presiding Chairman of the meeting. (3) With the permission of the presiding Chairman, urgent questions may be added to the agenda at any time before the conclusion of the meeting, or any item on the agenda may be deleted or carried over to a subsequent meeting. 7. Quorum. - (1) The quorum for any meeting of the Committee shall be three members of the Committee present in person or through a virtual mode and no business shall be transacted at any meeting of the Committee unless the quorum is present throughout the meeting. (2) If the quorum is not present at any meeting of the Committee, the presiding member of the meeting shall adjourn the meeting to such other date, time and place as may be specified by him not later than thirty days. (3) Notwithstanding anything contained in sub-regulations (1) and (2), the members of the Committee present at the adjourned meeting, not being less than two in number, shall constitute the quorum for consideration and disposal of the items of business set out in the agenda for the initial meeting. 8. Minutes of meetings of Committee. – (1) The Deputy Registrar shall ensure preparation of the minutes of each meeting of the Committee and the record thereof being entered in a minute book within a period of two weeks of the said meeting and submit the same to the presiding Chairman or member, for his approval: Provided that if for any reason the Deputy Registrar is unable to attend any meeting of the Committee, the presiding Chairman or member of the Committee may, direct any other officer of the Centre, to prepare the minutes of the meeting. (2) The draft minutes of each meeting of the Committee approved by the Chairman or the presiding member shall be forwarded to each member not later than a period of two weeks from such approval, for adoption at the next meeting: Provided that the decision of the Chairman or the presiding member on the changes, if any, to be made in the draft minutes, shall be final. (3) The minutes of each meeting of the Committee shall contain a fair and correct summary of the proceedings thereat and the names of members who did not participate in the discussion of, or vote on, any item of business transacted at the meeting. (4) At every meeting of the Committee, the draft minutes of the previous meeting approved by the presiding Chairman or the member of the previous meeting, shall be placed before the meeting for confirmation and adoption with or without amendments or modifications, which on confirmation and adoption in that meeting be signed by the Chairman or the presiding member, as confirmation of correctness of the record of the proceedings of the previous meeting and be kept as a record of the Committee. 9. Presiding Chairman. (1) Every meeting of the Executive Committee, the Works Committee and the Policy Advisory Committee, shall be presided over by a member to be nominated by the Centre either generally or on a case to case basis, and in his absence by any other member, chosen by the members present in the meeting of the Committee from amongst themselves. (2) Every meeting of the Finance and Administration Committee shall be presided over by the Financial Advisor, Ministry of Law and Justice and in his absence by any other member, chosen by the members present in the meeting of the Committee from amongst themselves. 10. Decisions. (1) All questions raised or decisions to be taken during any meeting of the Committee shall be determined by a majority of votes by the members present and voting. (2) Every member of the Committee shall have one vote and in the event of an equality of votes, the presiding Chairman shall have a casting vote in addition to his ordinary vote. 11. Resolution by circulation. – (1) Any resolution may be adopted by circulation among all its members unless, it was specifically proposed to be considered either in person or virtually. (2) Any resolution so circulated and adopted by majority of the members, shall be considered, as if such resolution had been adopted at a meeting of the Committee. NAVIN KUMAR SINGH, Chief Executive Officer [ADVT.-III/4/Exty./564/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. GORAKHA NATH YADAVA Digitally signed by GORAKHA NATH YADAVA Date: 2025.12.30 14:33:28 +05'30'

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