The Arbitration and Conciliation Act, 1996
The Arbitration and Conciliation Act, 1996
The Arbitration and Conciliation Act, 1996, regulates private dispute resolution in India, specifically domestic arbitration, international commercial arbitration, and conciliation. It applies to individuals, businesses, and foreign entities who agree in writing to resolve legal and commercial disputes privately rather than through standard court litigation. This law matters because it provides a faster, cheaper, and legally binding alternative to India's heavily congested court system. By establishing structured procedures, enforcing foreign awards, and strictly limiting intervention by judges, the Act ensures business agreements are resolved efficiently, creating a highly predictable environment that encourages domestic trade and international investment.
- 0. Preamble
- 1. Short title, extent and commencement
- 2. Definitions
- 3. Receipt of written communications
- 4. Waiver of right to object
- 5. Extent of judicial intervention
- 6. Administrative assistance
- 7. Arbitration agreement
- 8. Power to refer parties to arbitration where there is an arbitration agreement
- 8B. Power of the court, seized of matters under sections 34 or 37 of the Act, to refer the dispute to Mediation or Conciliation
- 9. Interim measures, etc., by Court
- 10. Number of arbitrators
- 11. Appointment of arbitrators
- 11A. Power of Central Government to amend Fourth Schedule
- 12. Grounds for challenge
- 13. Challenge procedure
- 14. Failure or impossibility to act
- 15. Termination of mandate and substitution of arbitrator
- 16. Competence of arbitral tribunal to rule on its jurisdiction
- 17. Interim measures ordered by arbitral tribunal
- 18. Equal treatment of parties
- 19. Determination of rules of procedure
- 20. Place of arbitration
- 21. Commencement of arbitral proceedings
- 22. Language
- 23. Statements of claim and defence
- 24. Hearings and written proceedings
- 25. Default of a party
- 26. Expert appointed by arbitral tribunal
- 27. Court assistance in taking evidence
- 28. Rules applicable to substance of dispute
- 29A. Time limit for arbitral award
- 29B. Fast track procedure
- 30. Settlement
- 31. Form and contents of arbitral award
- 31A. Regime for costs
- 32. Termination of proceedings
- 33. Correction and interpretation of award; additional award
- 34. Application for setting aside arbitral award
- 35. Finality of arbitral awards
- 36. Enforcement
- 37. Appealable orders
- 38. Deposits
- 39. Lien on arbitral award and deposits as to costs
- 40. Arbitration agreement not to be discharged by death of party thereto
- 41. Provisions in case of insolvency
- 42. Jurisdiction
- 42A. Confidentiality of information
- 42B. Protection of action taken in good faith
- 43. Limitations
- 43A. Definitions
- 43B. Establishment and incorporation of Arbitration Council of India
- 43C. Composition of Council
- 43D. Duties and functions of Council
- 43E. Vacancies, etc., not to invalidate proceedings of Council
- 43F. Resignation of Members
- 43G. Removal of Member
- 43H. Appointment of experts and constitution of Committees thereof
- 43J. Norms for accreditation of arbitrators
- 43K. Depository of awards
- 43L. Power to make regulations by Council
- 43M. Chief Executive Officer
- 44. Definition
- 45. Power of judicial authority to refer parties to arbitration
- 46. When foreign award binding
- 47. Evidence
- 48. Conditions for enforcement of foreign awards
- 49. Enforcement of foreign awards
- 50. Appealable orders
- 51. Saving
- 52. Chapter II not to apply
- 53. Interpretation
- 54. Power of judicial authority to refer parties to arbitration
- 55. Foreign awards when binding
- 56. Evidence
- 57. Conditions for enforcement of foreign awards
- 58. Enforcement of foreign awards
- 59. Appealable orders
- 60. Saving
- 61. Application and scope
- 62. Commencement of conciliation proceedings
- 63. Number of conciliators
- 64. Appointment of conciliators
- 65. Submission of statements to conciliator
- 66. Conciliator not bound by certain enactments
- 67. Role of conciliator
- 68. Administrative assistance
- 69. Communication between conciliator and parties
- 70. Disclosure of information
- 71. Co-operation of parties with conciliator
- 72. Suggestions by parties for settlement of dispute
- 73. Settlement agreement
- 74. Status and effect of settlement agreement
- 75. Confidentiality
- 76. Termination of conciliation proceedings
- 77. Resort to arbitral or judicial proceedings
- 78. Costs
- 79. Deposits
- 80. Role of conciliator in other proceedings
- 81. Admissibility of evidence in other proceedings
- 82. Power of High Court to make rules
- 83. Removal of difficulties
- 84. Power to make rules
- 85. Repeal and savings
- 86. Repeal and saving
- 87. Effect of arbitral and related court proceedings commenced prior to 23rd October, 2015
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