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Arbitration & Conciliation Act, 1996

PREAMBLE

WHEREAS the United Nations Commission on International Trade law (UNCITRAL) has adopted the UNCITRAL Model Law on International Commercial Arbitration in 1985;

AND WHEREAS the General Assembly of the United Nations has recommended that all countries give due consideration to the said Model Law, in view of the desirability of uniformity of the law of arbitral procedures and the specific needs of international commercial arbitration practice;

AND WHEREAS the UNCITRAL has adopted the UNCITRAL Conciliation Rules in 1980;

AND WHEREAS the General Assembly of the United Nations has recommended the use of the said Rules in cases where a dispute arises in the context of international commercial relations and the parties seek on amicable settlement of that dispute by recourse to conciliation;

AND WHEREAS the said Model Law and Rules make significant contribution to the establishment of a unified legal framework for the fair and efficient settlement of disputes arising in international commercial relations;

AND WHEREAS it is expedient to make law respecting arbitration and conciliation, taking into account the aforesaid Model Law and Rules;

Be it enacted by Parliament in the Forty-seventh Year of the Republic of India as follows:-

Arbitration & Conciliation Act, 1996

PREAMBLE

PRELIMINARY

PART I: ARBITRATION

CHAPTER I: GENERAL PROVISIONS

CHAPTER II: ARBITRATION AGREEMENT

CHAPTER III: COMPOSITION OF ARBITRAL TRIBUNAL

CHAPTER IV: JURISDICTION OF ARBITRAL TRIBUNALS

CHAPTER V: CONDUCT OF ARBITRAL PROCEEDINGS

CHAPTER VI: MAKING OF ARBITRAL AWARD AND TERMINATION OF PROCEEDINGS

CHAPTER VII: RECOURSE AGAINST ARBITRAL AWARD

CHAPTER VIII: FINALITY AND ENFORCEMENT OF ARBITRAL AWARDS

CHAPTER IX: APPEALS

CHAPTER X: MISCELLANEOUS

PART II: ENFORCEMENT OF CERTAIN FOREIGN AWARDS

CHAPTER I: NEW YORK CONVENTION AWARDS

CHAPTER II: GENEVA CONVENTION AWARDS

PART III: CONCILIATION

PART IV: SUPPLEMENTARY PROVISIONS

SCHEDULE I: CONVENTION ON THE RECOGNITION AND ENFORCEMENT OF FOREIGN ARBITRAL AWARDS

SCHEDULE II: PROTOCOL ON ARBITRATION CLAUSES

SCHEDULE III: CONVENTION OF THE EXECUTION OF FOREIGN ARBITRAL AWARDS