The Arbitration and Conciliation Act, 1996, is a significant legislation in India that governs the law relating to domestic and international arbitration. Enacted on January 16, 1996, the act provides a legal framework for the fair and efficient resolution of disputes through arbitration and conciliation.
The primary objective of the Arbitration and Conciliation Act, 1996, is to encourage alternative dispute resolution mechanisms, specifically arbitration and conciliation, as efficient and effective means of resolving disputes. The act aims to provide a framework that is conducive to the prompt and fair resolution of conflicts while minimizing court intervention
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