Question

Before the enactment of Arbitration and Conciliation Act, $1996$ which Act has been applicable in India for the arbitration procedure?

• A. The Arbitration Act, $1940$
• B. The Code of Civil Procedure, $1908$
• C. The General Clauses Act, $1897$
• D. none of the above

Answer 1

Answer: (A)

The Arbitration Act, $1940$

The Arbitration Act of 1940 was based upon the English Arbitration Act of 1934 which prevailed in the British. The Arbitration Act of 1940 has been replaced by the Arbitration Act of 1996. The Arbitration Act of 1996 is based upon the UNCITRAL.