The Arbitration & Conciliation Act 1996
punjab · 1996
- S. 122nd August, 1996, vide notification No
- S. 2Section 2 amends the definition of "Court" in arbitration cases, specifying which courts have jurisdiction based on the type of arbitration.
- S. 3Subs
- S. 4The section amends the principal act to mandate judicial referral to arbitration unless no valid agreement exists, with provisions for unavailable agreements.
- S. 5Section 5 amends sections 7, 8, 9 of the Arbitration & Conciliation Act to adjust interim measures and arbitral proceedings timelines.
- S. 6Section 6 amends the Arbitration & Conciliation Act to replace references to the Chief Justice with the Supreme Court or High Court in arbitration proceedings.
- S. 7After section 11 of the principal Act, the following new section shall be inserted, namely:— “11A
- S. 8Section 8 allows Contracting States to exclude certain territories from the Convention on the Execution of Foreign Arbitral Awards and to separately adhere or denounce the Protocol.
- S. 9Interim measures, etc
- S. 10For section 17 of the principal Act, the following section shall be substituted, namely:— “17
- S. 11Appointment of arbitrators
- S. 11AAmendment of section 12
- S. 12Grounds for challenge
- S. 13Challenge procedure
- S. 14Section 14 amends the Arbitration & Conciliation Act to require the arbitral tribunal to consider contract terms and trade usages when making awards.
- S. 15After section 29 of the principal Act, the following new sections shall be inserted, namely:— “29A
- S. 16Competence of arbitral tribunal to rule on its jurisdiction
- S. 17After section 31 of the principal Act, the following new section shall be inserted, namely:— ‘31A
- S. 18Section 18 amends the Arbitration & Conciliation Act to clarify conditions under which an arbitral award can be set aside and adds provisions for domestic arbitration awards.
- S. 19For section 36 of the principal Act, the following section shall be substituted, namely:— “36
- S. 20Place of arbitration
- S. 21In section 47 of the principal Act, for the Explanation, the following Explanation shall be substituted, namely:— ‘Expl
- S. 22Section 22 clarifies when an arbitration award can be deemed against India's public policy.
- S. 23Statements of claim and defence
- S. 24Hearings and written proceedings
- S. 25Section 25 adds new schedules to the Arbitration & Conciliation Act detailing fee structures for arbitrators based on the dispute amount.
- S. 26Act not to apply to pending arbitral proceedings
- S. 27Court assistance in taking evidence
- S. 28Rules applicable to substance of dispute
- S. 29Decision making by panel of arbitrators
- S. 29ATime limit for arbitral award
- S. 29BSection 29B allows parties to opt for a fast-track arbitration procedure with limited oral hearings and quicker award delivery within six months.
- S. 30Settlement
- S. 31Form and contents of arbitral award
- S. 31A5 of 1908
- S. 32Termination of proceedings
- S. 33Correction and interpretation of award; additional award
- S. 34Application for setting aside arbitral award
- S. 35Finality of arbitral awards
- S. 36Enforcement
- S. 37Appealable orders
- S. 38Deposits
- S. 39Lien on arbitral award and deposits as to costs
- S. 40Arbitration agreement not to be discharged by death of party thereto
- S. 41Provisions in case of insolvency
- S. 42Jurisdiction
Chapter PART I
Chapter 1[PART IA
- S. 43-IGeneral norms for grading of arbitral institutions.--
- S. 43ADefinitions.--
- S. 43BEstablishment and incorporation of Arbitration Council of India.--
- S. 43CComposition of Council.--
- S. 43DDuties and functions of Council.--
- S. 43EVacancies, etc., not to invalidate proceedings of Council.--
- S. 43FResignation of Members.--
- S. 43GRemoval of Member.--
- S. 43HAppointment of experts and constitution of Committees thereof.--
- S. 43JNorms for accreditation of arbitrators.--
- S. 43KDepository of awards.--
- S. 43LPower to make regulations by Council.--
- S. 43MChief Executive Officer.--
- S. 44Definition
- S. 45Power of judicial authority to refer parties to arbitration
- S. 46When foreign award binding
- S. 47Evidence
- S. 48Conditions for enforcement of foreign awards
- S. 49Enforcement of foreign awards
- S. 50Appealable orders
- S. 51Saving
- S. 52Chapter II not to apply
- S. 53Interpretation
- S. 54Power of judicial authority to refer parties to arbitration
- S. 55Foreign awards when binding
- S. 56Evidence
- S. 57Conditions for enforcement of foreign awards
- S. 58Enforcement of foreign awards
- S. 59Appealable orders
- S. 60Saving
- S. 61Application and scope
- S. 62Commencement of conciliation proceedings
- S. 63Number of conciliators
- S. 64Appointment of conciliators
- S. 65Submission of statements to conciliator
- S. 66Conciliator not bound by certain enactments
- S. 67Role of conciliator
- S. 68Administrative assistance
- S. 69Communication between conciliator and parties
- S. 70Disclosure of information
- S. 71Co-operation of parties with conciliator
- S. 72Suggestions by parties for settlement of dispute
- S. 73Settlement agreement
- S. 74Status and effect of settlement agreement
- S. 75Confidentiality
- S. 76Termination of conciliation proceedings
- S. 77Resort to arbitral or judicial proceedings
- S. 78Costs
- S. 79Deposits
- S. 80Role of conciliator in other proceedings
- S. 81Admissibility of evidence in other proceedings
- S. 82Power of High Court to make rules
- S. 83Removal of difficulties
- S. 84Power to make rules
- S. 85Repeal and savings
- S. 86Repeal and saving