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The Arbitration and Conciliation (Amendment) Bill, 2003 introduced in the Rajya Sabha on the 22nd December, 2003 and pending therein, has been referred to Department Related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice, headed by Shri L.M. Sudarsana Natchiappan, M.P., for examination and report.
This Bill seeks to amend various provisions of the Arbitration and Conciliation act, 1996 to remove certain shortcomings in the existing Act and also to speed up arbitrations under the Act.
The Committee, at its sitting held on 23rd August, 2004 decided to invite memoranda containing suggestions/views/comments of individuals/institutions/organizations, interested in the subject matter of the Bill and the State Government/Union Territory Administrations and to hear oral evidence on various provisions of the Bill.
Those desirous of submitting memoranda to the Committee may send two copies (either in English or Hindi) thereof to Shri Surinder Kumar Watts, Deputy Secretary, Rajya Sabha Secretariat, 007, Ground Floor, Parliament House Annexe, New Delhi-110001 (Tel: 23034262 and 23013917) within fifteen days of publication of this, indicating whether they would also be interested in giving oral evidence before the Committee.
The memorandum which might be submitted to the Committee would form part of the records of the Committee and would be treated as confidential and would not be circulated to anyone, as, such an act would constitute a breach of privilege of the Committee.
The Bill was published in the Gazette of India, Extraordinary, Part II, Section 2, dated the 22nd December 2003. Its copies can be had on written request to the above mentioned officer. Its electronic, text is also available on the official website http://rajyasabha.nic.in by clicking the option "Bills with Committees".
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