ArbitrationandConciliationAmendmentBill-2021 Flashcards
1
Q
arbitration and conciliation act of _
A
1996
2
Q
under this arbitrator can be an advocate under advocate act of 1961 for a period not less than_ and should an officer of_
A
10 years. indian legal service.
3
Q
what did this amendment bring in?
A
it removed qualificatoin of arbitrator under schedule 8 of the act and an arbitrator council of india to be set up to decide. awards given on basis of fraud agreement or corruption court, courts can grant unconditional stay as long as appeal under Section 34 of the arbitration law is pending.(automatic stay on awards)
4
Q
where are india’s two prominent international arbitration centres
A
delhi and mumbia
