Section 5 of the Arbitration and Conciliation Act, 1996 plays a vital role in achieving this objective by emphasizing “minimum judicial intervention” in arbitration proceedings. The principle underpins the Act’s pro-arbitration stance and ensures that courts interfere only in exceptional circumstances as explicitly provided under the Act. Section 5 of the Arbitration and Conciliation Act, […]
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The Arbitration and Conciliation Act, 1996, is a cornerstone of India’s legal framework for alternative dispute resolution (ADR). Ever been stuck in a court case that drags on for years? The commencement of the Arbitration and Conciliation Act, 1996 came to the rescue by providing quicker and cost-effective mechanisms like arbitration and conciliation. Its importance
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The Arbitration and Conciliation Act, 1996, stands as a cornerstone in India’s legal framework for arbitration and alternative dispute resolution (ADR). Definitions under Section 2: Part I provides a comprehensive list of terms that lay the foundation for interpreting and applying the law. These definitions are crucial for understanding the Act and ensuring its effective
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