To print this article, all you need is to be registered or login on Mondaq.com. On November 04, 2020, the President of India promulgated the Arbitration and Conciliation (Amendment) Ordinance, 2020 (" Ordinance"). The Ordinance was promulgated to ensure that all parties get an opportunity to seek unconditional stay of enforcement of arbitral awards where the underlying arbitration agreement or contract or making of the arbitral award are induced by fraud or corruption 1. Prior to the Ordinance, under Section 36 (3) of the Arbitration and Conciliation Act, 1996 (" Act") a party could file an application seeking a stay of the arbitral award when challenging the arbitral award under Section 34 of the