Question:
Part III of Arbitration and Conciliation Act, 1996 formalizes:
Part III of Arbitration and Conciliation Act, 1996 formalizes:
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Arbitration Act: Part I = Arbitration, Part II = Foreign Awards, Part III = Conciliation.
Updated On: Nov 18, 2025
- Process of Conciliation
- Process of Arbitration
- Enforcement of Foreign Awards under New York and Geneva Conventions
- All of the above
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The Correct Option is A
Solution and Explanation
Step 1: Structure of the Act.
- Part I: Domestic Arbitration.
- Part II: Enforcement of foreign awards.
- Part III: Conciliation.
- Part IV: Supplementary provisions.
Step 2: Focus.
Part III provides the legal framework for conciliation as an ADR method.
Step 3: Conclusion.
Hence, Part III deals with conciliation only.
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