AIBE XIV — September 2019 — Q.34 (Arbitration and Conciliation Act, 1996)

Q.34

ADR & Arbitration Act Medium Knowledge-Based

Bare Act Arbitration and Conciliation Act, 1996 · Part II

Which one is a Foreign Award-

A An award in a arbitration where at least one party is non-Indian

✓ An award passed in a foreign seated arbitration Answer

C An award passed in a arbitration where both the parties are non-Indian

D None of the above

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Explanation & Strategy

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A foreign award under the Arbitration Act is an award made in a country that is party to the New York Convention (1958) or the Geneva Convention (1927). Part II of the ACA deals with enforcement of foreign awards.

At a Glance

Subject ADR & Arbitration Act

Difficulty Medium

Act Arbitration and Conciliation Act, 1996

Section Part II

Answer (B) Knowledge-Based

Paper AIBE XIV — September 2019

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