<h1>Ordinance Amends Arbitration Act: Unconditional Stay on Awards Induced by Fraud, New Arbitrator Norms, Section 36 Updated.</h1> The Arbitration and Conciliation (Amendment) Ordinance, 2020, was promulgated to address concerns following the 2019 amendments to the Arbitration and Conciliation Act, 1996. This ordinance allows for an unconditional stay on the enforcement of arbitral awards if the underlying agreement or award was induced by fraud or corruption. It amends Section 36 to enable courts to stay awards pending challenges and replaces Section 43J with new norms for arbitrator accreditation. Additionally, it omits the Eighth Schedule of the principal Act. The ordinance was enacted as Parliament was not in session, necessitating immediate action.