Question

Under the Arbitration and Conciliation Act, 1996, what is the primary purpose of arbitration? 

A To appeal against court judgment. Correct Answer Incorrect Answer
B To provide a forum for negotiation Correct Answer Incorrect Answer
C To decide criminal disputes voluntarily Correct Answer Incorrect Answer
D To decide criminal and civil disputes voluntarily Correct Answer Incorrect Answer
E To resolve civil disputes outside of court voluntarily Correct Answer Incorrect Answer

Solution

Explanation: 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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