Arbitration Act 1940
Section 2
Definitions
(1) In this Part, unless the context otherwise
requires, -
(a) " arbitration " means any arbitration whether or not
administered by permanent arbitral institution;
(b) " arbitration agreement" means an agreement referred to
in section 7;
(c) " arbitral award" includes an interim award;
(d) " arbitral tribunal" means a sole arbitrator or a panel
of arbitrators;
(e) "Court"
means the principal Civil Court of original jurisdiction in a district, and
includes the High Court in exercise of its ordinary original civil
jurisdiction, having jurisdiction to decide the questions forming the
subject-matter of the arbitration if the same had been the subject-matter of a
suit, but does not include any civil court of a grade inferior to such
principal Civil Court, or any Court of Small Causes;
(f)
"international commercial arbitration" means an arbitration relating
to disputes arising out of legal relationships, whether contractual or not,
considered as commercial under the law in force in India and where at least one
of the parties is -
( i )
an individual who is a national of, or habitually
resident in, any country other than India ; or
(ii) a body corporate which is incorporated in any country other
than India ; or
(iii) a company or association or a body of individuals whose
central management and control is exercised in any country other than India ; or
(iv) the Government of a foreign country;
(g) "legal
representative" means a person who in law represents the estate of a
deceased person, and includes any person who intermeddles with the estate of
the deceased, and, where a party acts in a representative character, the person
on whom the estate devolves on the death of the party so acting;
(h) " party " means a party to an arbitration agreement.
(2) This Party shall apply where the place of
arbitration is in India .
(3) This Part shall not affect other law for
the time being in force by virtue of which certain disputes may not be
submitted to arbitration.
(4) This Part except sub-section (1) of
section 40, sections 41 and 43 shall apply to every arbitration under any other
enactment for the time being in force, as if the arbitration were pursuant to
an arbitration agreement and as if that other enactment were an arbitration
agreement, except in so far as the provisions of this Part are inconsistent
with the other enactment or with any rules made there under.
(5) Subject to the provisions of sub-section
(4), and save in so far as is otherwise provided by any law for the time being
in force or in any agreement in force between India and any other country or
countries, this Part shall apply to all arbitrations and to all proceedings
relating thereto.
(6) Where this Part, except section 28, leaves
the parties free to determine a certain issue, that freedom shall include the
right of the parties to authorize any person including an institution, to
determine that issue.
(7) An arbitral award made under this Part
shall be considered as a domestic award.
(8) Where this Part -
( a )
refers to the fact that the parties have agreed or that they may agree, or
(b) in any other way
refers to an agreement of the parties, that agreement shall include any
arbitration rules referred to in that agreement.
(9) Where this Part, other than clause (a) of
section 25 of clause (a) sub-section (2) of section 32, refers to a claim, it
shall also apply to a counterclaim, and where it refers to a defense, it shall
also apply to a defense to that counterclaim.