About
The Arbitration and Conciliation Act of 1996 is an Indian law that defines the law about conciliation and for matters connected with or incidental thereto1, as well as consolidates and amends the laws about domestic arbitration, international commercial arbitration, and enforcement of foreign arbitral awards. On January 25, 1996, the act went into effect2. Domestic arbitration, international commercial arbitration, and the enforcement of foreign arbitral awards are all covered by the Act2. The arbitration agreement, the arbitral tribunal's composition, jurisdiction, conduct, award, recourse, finality, appeals, and conciliation are all outlined here.