AIBE XII — June 2018 — Q.83 (Arbitration and Conciliation Act, 1996)

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Q.83

ADR & Arbitration Act Medium Knowledge-Based

Bare Act Arbitration and Conciliation Act, 1996 · Part III (Sections 61-81)

Part III of Arbitration and Conciliation Act, 1996 formalises:

✓ Process of Conciliation Answer

B Process of Arbitration

C Enforcement of Foreign awards under New York and Geneva Conventions

D All of the above

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Explanation & Strategy

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Part III of the Arbitration and Conciliation Act, 1996 formalizes the law of conciliation. It provides for appointment of conciliators, conduct of conciliation proceedings, settlement agreements, and the legal status of such agreements.

At a Glance

Subject ADR & Arbitration Act

Difficulty Medium

Act Arbitration and Conciliation Act, 1996

Section Part III (Sections 61-81)

Answer (A) Knowledge-Based

Paper AIBE XII — June 2018

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