Under the Arbitration and Conciliation Act, 1996, what

Q: Answer-Under the Arbitration and Conciliation Act, 1996, what is the primary purpose of arbitration?

Arbitration is a method of alternative dispute resolution ADR that provides a private and efficient way to resolve civil disputes. It allows parties to submit their disputes to one or more arbitrators who make a binding decision, known as an arbitral award. This process is an alternative to traditional litigation in court and is often chosen for its speed, flexibility, and confidentiality.

is the primary purpose of arbitration?

A To decide criminal and civil disputes voluntarily Correct Answer Incorrect Answer

B To provide a forum for negotiation Correct Answer Incorrect Answer

C To resolve civil disputes outside of court voluntarily Correct Answer Incorrect Answer

D To appeal against court judgment. Correct Answer Incorrect Answer

Solution

Arbitration is a method of alternative dispute resolution (ADR) that provides a private and efficient way to resolve civil disputes. It allows parties to submit their disputes to one or more arbitrators who make a binding decision, known as an arbitral award. This process is an alternative to traditional litigation in court and is often chosen for its speed, flexibility, and confidentiality.

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