AIBE XVII — February 2023 — Q.50 (Arbitration and Conciliation Act, 1996)

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Q.50

ADR & Arbitration Act Medium Act + Section Given

Bare Act Arbitration and Conciliation Act, 1996 · Section 29A

Under Section 29 of The Arbitration And Conciliation Act, 1996 arbitral proceedings with more than one arbitrator, any decision of the arbitral tribunal ___

A shall be made by all members

B shall be made by 2/3 majority of its members

C shall be made by the chief arbitrator

✓ shall be made by majority of its members Answer

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Explanation & Strategy

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Section 29A of the Arbitration Act (inserted by 2015 amendment) requires the arbitral award to be made within 12 months from the date the tribunal enters upon the reference. This can be extended by 6 months by consent of parties. Beyond that, only the court can extend. This timeline discipline was a major reform.

1 Pick up ACA 1996.
2 Go to Section 29A (inserted by 2015 amendment).
3 Read the timeline: 12 months + 6 months extension by consent + further extension only by court.

At a Glance

Subject ADR & Arbitration Act

Difficulty Medium

Act Arbitration and Conciliation Act, 1996

Section Section 29A

Answer (D) Act + Section Given

Paper AIBE XVII — February 2023

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