The Arbitration and Conciliation Act, 1996
Part I Arbitration
Chapter I General
provisions
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 for 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 ail 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;
a.
b.
c.
d.
e.
f.
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.
1.
2.
Scope.
This Pail shall apply where the place of arbitration is in India.
3.
This
Part shall not affect any 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 that 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.
Construction
of references. 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 authorise 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 patties, 4 that agreement shall include any
arbitration rules referred to in that agreement.
9.
Where
this Part, other than clause (a) of section 25 or clause (a) of sub-section (2)
of section 32, refers to a claim, it shall also apply to a counterclaim, and
where it refers to a defence, it shall also apply to a defence to that
counterclaim.