Question

In India, the Arbitration & Conciliation Act was enacted in:

• A. 1992;
• B. 1993;
• C. 1994;
• D. 1996;

Hint:

The Arbitration and Conciliation Act, 1996 is the primary legal framework for arbitration and conciliation in India.

Answer 1

The Correct Option is D

Step 1: Understanding the Arbitration & Conciliation Act:
The Arbitration and Conciliation Act, 1996 is the principal law governing arbitration in India. It provides a comprehensive framework for the settlement of disputes through arbitration and conciliation, and was enacted to modernize and streamline the process.
Step 2: Detailed Explanation of the Options:
- (A) 1992: This is incorrect. The Arbitration and Conciliation Act was not enacted in 1992.
- (B) 1993: This is incorrect. The Act was enacted later than 1993.
- (C) 1994: This is incorrect. The Arbitration and Conciliation Act was enacted after 1994.
- (D) 1996: This is the correct answer. The Arbitration and Conciliation Act was enacted in 1996 and is the key legislation for arbitration in India.
Step 3: Final Conclusion:
The correct answer is (D) 1996, as the Arbitration and Conciliation Act was enacted in that year.