Question

Part III of Arbitration and Conciliation Act, 1996 formalizes:

• A. Process of Conciliation
• B. Process of Arbitration
• C. Enforcement of Foreign Awards under New York and Geneva Conventions
• D. All of the above

Hint:

Arbitration Act: Part I = Arbitration, Part II = Foreign Awards, Part III = Conciliation.

Answer 1

The Correct Option is A

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.