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Set up in 1927, the Federation of Indian Chambers of Commerce and Industry (FICCI) is the largest and oldest apex business organization of Indian business. With a nationwide membership of over 2000 corporates and over 500 chambers of commerce and business associations, FICCI espouses the shared vision of Indian businesses and speaks directly and indirectly for over 2,50,000 business units.

Set up in 1927, the Federation of Indian Chambers of Commerce and Industry (FICCI) is the largest and oldest apex business organization of Indian business. With a nationwide membership of over 2000 corporates and over 500 chambers of commerce and business associations, FICCI espouses the shared vision of Indian businesses and speaks directly and indirectly for over 2,50,000 business units.

In order to provide arbitral services for settlement of commercial disputes of a domestic as well as international nature, FICCI, in the year 1952, established FACT (formerly known as the FICCI Tribunal of Arbitration [FTA]). FACT was set up to offer dispute resolution services primarily to FICCI members and other parties who may desire to submit their disputes to FACT. FACT, headquartered at New Delhi with offices spread all across the country and overseas, has an active panel of prominent arbitration experts on its board. Besides, it has signed international co-operation agreements with several arbitration organisations around the world for facilitating international arbitration.

FACT services and rules

The FACT mission is to resolve business disputes outside the traditional framework offered by courts of law, i.e. by various alternate dispute resolution methods, namely arbitration and conciliation, as the case may be. Owing to its unique supervision and management in both arbitration and conciliation, FACT is positioned to offer its clientele customized follow-ups and quality service in an atmosphere of security, transparency and confidentiality.

FACT provides a wide range of services for parties engaged in trade and commerce with and within the region. As an institutional arbitration centre, FACT's outlook is to provide efficient, flexible and impartial administration of dispute resolution proceedings. The services it offers include administrative and support services, such as secretarial and other professional assistance for the holding of arbitration and conciliation proceedings along with supervision of arbitration and conciliation proceedings, appointment of arbitrators, choosing the venue for the arbitration and fixation of the fees of arbitrators and conciliators. FACT maintains a Panel of arbitrators / conciliators of the highest ability and professional competence, recognised for their diverse knowledge and practical experience in their respective fields

Our Aim
 

  • To administer international and domestic arbitration under the Rules of FACT.
  • To promote public confidence in the ADR mechanism of conciliation / mediation as a process for resolving disputes and to create a culture of settlement of disputes through such mechanisms.
  • To establish and maintain a comprehensive Panel of Arbitrators and Conciliators from an extensive array of distinguished and impartial persons, including retired Judges, Advocates, Chartered Accountants, Executives, Engineers, Company Secretaries, Businessmen, Foreign Nationals, Maritime Experts etc.

 

 

 

 

 

 

 

 

 

Timeline

2023
Jun
Press Release

Reforms undertaken by govt in dispute resolution to act as incentive for investors and take India-UK relations to new heights: Arjun Ram Meghwal

2022
Jul
Event

Conference on Arbitrating INDO-UK Commercial Disputes

2020
Feb
Press Release

Need for setting up a dedicated and specialized Arbitration Bar - Chief Justice of India

Event

International Conference on "Arbitration in the Era of Globalization" - The Third Edition

2019
Dec
Press Release

Arbitration has achieved judicial acceptance in India: Justice Surya Kant, Judge, Supreme Court of India

2018
May
Press Release

New Bill introduced to establish a chamber of Arbitration and Arbitration Academy : Suresh Chandra

2017
Dec
Press Release

Chief Justice of India: Timely, cost-effective and impartial arbitration ecosystem - key to making India a global arbitration hub

Event

International conference: Arbitration in the Era of Globalisation

Jul
Press Release

Arbitration in India will improve when attitude towards it will change - Justice B N Srikrishna

Jan
Event

Workshop on Labour Law Amendments: Impact on Industry

2016
Aug
Event

International Arbitration in BRICS: Challenges, Opportunities and Road ahead

Jul
Press Release

Amendments to the Arbitration Act could boost investors' confidence in India

Jun
Press Release

World Bank partners with the Indian Council of Arbitration (ICA) for Dispute Board services in India

Event

Training Course on SOP for DBs

2015
Dec
Study

ICA organises International Conference on ``Arbitration in the Era of Globalization``

Press Release

Ordinance to make arbitration law more effective in the offing

Study

Background Paper: Arbitration in the Era of Globalization

Event

International Conference on 'Arbitration in the Era of Globalization '

Aug
Press Release

Arbitration will Boost Trade & Commerce in SAARC Region

2014
Dec
Press Release

Need to promote institutional arbitration to place India amongst top 50 countries in the World Bank's ease of doing business ranking - Legal Affairs Secy

2013
Press Release

Justice Sikri urges legal and judicial community to reflect on need for code of ethics for arbitration judges for speedy and cost-effective dispute resolution

Event

48th AGM of Indian Council of Arbitration

2011
Feb
Press Release

FICCI to Assist Delhi Judiciary in Mediation of Commercial Disputes

Event

Seminar On ''Resolving Disputes through Mediation a Win- Win Approach for Business''

Events

Jul, 2022

Conference on Arbitrating INDO-UK Commercial Disputes

Jul 05, 2022

Feb, 2020

International Conference on "Arbitration in the Era of Globalization" - The Third Edition

Feb 08, 2020 New Delhi

Dec, 2017

International conference: Arbitration in the Era of Globalisation

Dec 09, 2017 FICCI, New Delhi

Jan, 2017

Workshop on Labour Law Amendments: Impact on Industry

Jan 23, 2017 New Delhi

Aug, 2016

International Arbitration in BRICS: Challenges, Opportunities and Road ahead

Aug 27, 2016 New Delhi

Jun, 2016

Training Course on SOP for DBs

Jun 21 - Jun 22, 2016 FICCI, New Delhi

Dec, 2015

International Conference on 'Arbitration in the Era of Globalization '

Dec 11 - Dec 12, 2015 New Delhi

Dec, 2013

48th AGM of Indian Council of Arbitration

Dec 19, 2013 New Delhi

Feb, 2011

Seminar On ''Resolving Disputes through Mediation a Win- Win Approach for Business''

Feb 19, 2011 Federation House, Tansen Marg, New Delhi

COVID-19 - Legal Update by L&L Partners

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Plea to change aribitration rules

Reforms undertaken by govt in dispute resolution to act as incentive for investors and take India-UK relations to new heights: Arjun Ram Meghwal

Detail Page

Need for setting up a dedicated and specialized Arbitration Bar - Chief Justice of India

Detail Page

Arbitration has achieved judicial acceptance in India: Justice Surya Kant, Judge, Supreme Court of India

Detail Page

New Bill introduced to establish a chamber of Arbitration and Arbitration Academy : Suresh Chandra

Detail Page

Chief Justice of India: Timely, cost-effective and impartial arbitration ecosystem - key to making India a global arbitration hub

Detail Page

Arbitration in India will improve when attitude towards it will change - Justice B N Srikrishna

Download PDF

Amendments to the Arbitration Act could boost investors' confidence in India

Download PDF

World Bank partners with the Indian Council of Arbitration (ICA) for Dispute Board services in India

Download PDF

Ordinance to make arbitration law more effective in the offing

Download PDF

Arbitration will Boost Trade & Commerce in SAARC Region

Download PDF

Need to promote institutional arbitration to place India amongst top 50 countries in the World Bank's ease of doing business ranking - Legal Affairs Secy

Download PDF

Justice Sikri urges legal and judicial community to reflect on need for code of ethics for arbitration judges for speedy and cost-effective dispute resolution

Download PDF

FICCI to Assist Delhi Judiciary in Mediation of Commercial Disputes

Download PDF