Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Arbitration, Tribunal Adjudication and Alternate Dispute resolution

Question:
Which of the following legislation mandates a recourse to arbitration in case of any dispute arising within the Act?
Options:
Negotiable Instruments Act 1882
Environmental Protection Act 1986
Defence of India Act, 1971
Excise Act 1844
Correct Answer:
Defence of India Act, 1971
Explanation:
Statutory Arbitration - An arbitration which is mandatorily imposed on the parties by operation of a particular law or statute, applicable to them. For example, the Defence of India Act, 1971 is one such legislation that mandates a recourse to arbitration in case of any dispute arising within the Act.