Question:
The present Arbitration and Conciliation Act of 1996 is based on:
The present Arbitration and Conciliation Act of 1996 is based on:
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The 1996 Act aligns Indian arbitration law with global UNCITRAL standards.
Updated On: Oct 30, 2025
- Constitution of India
- Supreme Court of India guidelines
- European Commercial Arbitration Procedure
- UNCITRAL
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Verified By Collegedunia
The Correct Option is D
Solution and Explanation
Step 1: Background.
The Arbitration and Conciliation Act, 1996 was enacted to consolidate and amend the law relating to domestic arbitration, international commercial arbitration, and enforcement of foreign awards.
Step 2: Source.
It is based on the UNCITRAL (United Nations Commission on International Trade Law) Model Law on International Commercial Arbitration, 1985.
Step 3: Conclusion.
Thus, the correct answer is (d).
The Arbitration and Conciliation Act, 1996 was enacted to consolidate and amend the law relating to domestic arbitration, international commercial arbitration, and enforcement of foreign awards.
Step 2: Source.
It is based on the UNCITRAL (United Nations Commission on International Trade Law) Model Law on International Commercial Arbitration, 1985.
Step 3: Conclusion.
Thus, the correct answer is (d).
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