Arbitration Law 2

Ans:  The definition of Arbitration Award is given under section 2(1)(c) of Arbitration and Conciliation Act,  1996.  According  to Section  2(1)(c) of Arbitration and Conciliation Act, 1996 , an arbitration award includes an interim award.  Interim award is a temporary award until the tribunal has given its final decision. Section 17 of arbitration and conciliation act mentions about the interim orders or interim award. 

Ans:  The definition of  Arbitration Agreement is defined under section 2(1)(b) of Arbitration and Conciliation Act,  1996.  According to section 7 of Arbitration and Conciliation Act,  1996, an “arbitration agreement” means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not. Arbitration agreement must be in the form of Arbitration clause or Seperate Agreement as per section 7(2) of Arbitration and Conciliation Act,  1996.

Ans:  Arbitrator is appointed in arbitration by arbitration tribunal.  The definition of Arbitration is given under Section 2(1)(a) of Arbitration and Conciliation Act,  1996. According to section 2(1)(a) of arbitration and conciliation act,  1996,  arbitration ” means any arbitration whether or not administered by permanent arbitral institution. The ICA was established in 1965 as a specialized arbitral body at the national level under the initiatives of the Government of India and apex business organizations FICCI. FICCI is Federation of Indian Chambers of Commerce & Industry.  The main objective of ICA is to promote amicable, quick and inexpensive settlement of commercial disputes by means of arbitration, conciliation, regardless of location.   Delhi Institute of International Arbitration is also a permanent arbitral institution. 

  Ans:  An arbitration is not defined in arbitration act , 1940 but it is defined under arbitration and conciliation act, 1996.  The arbitration and conciliation act comprises of four parts , 86 sections and 3 schedules.  An arbitration is a process of determination of disputes by the decision of one or more persons called the arbitrator. The definition of Arbitration is given under Section 2(1)(a) of Arbitration and Conciliation Act,  1996.  The definition of  Arbitration Agreement is defined under section 2(1)(b) of Arbitration and Conciliation Act,  1996.  The definition of Arbitration Award is given under section 2(1)(c) of Arbitration and Conciliation Act,  1996.  The Definition of Arbitration Tribunal is given under Section 2(1)(d) of Arbitration and Conciliation Act,  1996. The court is defined under Section 2(1)(e) of Arbitration and Conciliation Act, 1996.  The international commercial arbitration is defined under...

Ans:  Appeals are mentioned under section 96 to Section 112 and orders 41 to 45 of civil procedure code,  1908. 

Ans:  The sections for international commercial arbitration are from section 44 to Section 60 which mention foreign award.