Discussion
Which among the following act governs the arbitral proceedings in India?
Answer: A
Arbitral proceedings in India are governed by the Arbitration and Conciliation Act, 1996, which consolidates the law on domestic arbitration, international commercial arbitration, the enforcement of foreign arbitral awards and conciliation, and is based on the UNCITRAL Model Law.
There is no Arbitration and Conciliation Act of 1990, 1998 or 2000. The 1996 Act replaced the Arbitration Act, 1940 and was amended in 2015, 2019 and 2021, but its year stays 1996.
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