Question

The Arbitration Act 1996 repeals:

• A. The Arbitration Act, 1940
• B. The Arbitration (Protocol and Convention) Act, 1937
• C. the Foreign Awards (Recognition and Enforcement) Act, 1961
• D. All of the above

Hint:

The Arbitration and Conciliation Act of 1996 replaced older arbitration laws to streamline the process and enhance international arbitration standards.

Answer 1

The Correct Option is D

Step 1: Understanding the Arbitration Act, 1996.
The Arbitration and Conciliation Act, 1996, replaced the Arbitration Act of 1940, the Arbitration (Protocol and Convention) Act of 1937, and the Foreign Awards (Recognition and Enforcement) Act of 1961, thereby consolidating and modernizing the arbitration law in India.
Step 2: Explanation of the options.
- (a) The Arbitration Act, 1940: This Act was repealed by the Arbitration and Conciliation Act of 1996.
- (b) The Arbitration (Protocol and Convention) Act, 1937: This was also repealed by the 1996 Act.
- (c) The Foreign Awards (Recognition and Enforcement) Act, 1961: This too was repealed by the 1996 Act.
- (d) All of the above: This is correct, as the Arbitration Act, 1996 repealed all the above-mentioned Acts.
Step 3: Conclusion.
Thus, the correct answer is (d) All of the above.