Name: THE ARBITRATION AND CONCILIATION ACT, 1996 BARE ACT ENGLISH EDITION 2025
SKU: 22558
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THE ARBITRATION AND CONCILIATION ACT, 1996 BARE ACT ENGLISH EDITION 2025

The Arbitration and Conciliation Act, 1996, is a comprehensive Indian law that governs both domestic and international arbitration and conciliation. It aims to provide a framework for efficient and impartial dispute resolution, drawing inspiration from the UNCITRAL Model Law on International Commercial Arbitration. The Act consolidates and amends existing laws related to arbitration and conciliation, promoting alternative dispute resolution methods in India.

Here’s a more detailed look at the key aspects:

Key Features:

Consolidation and Amendment:

The Act consolidates and amends existing laws related to domestic arbitration, international commercial arbitration, and the enforcement of foreign arbitral awards.
International Standards:

It is based on the UNCITRAL Model Law, promoting international best practices for arbitration.
Domestic and International Arbitration:

The Act covers both domestic and international commercial arbitration, providing a framework for resolving disputes arising within India and across borders.
Conciliation:

It also includes provisions for conciliation, a process where a neutral third party helps parties reach a settlement.
Fair and Efficient Procedure:

The Act aims to establish a fair, efficient, and cost-effective process for dispute resolution through arbitration and conciliation.