Practicing Success
Which of the following legislation mandates a recourse to arbitration in case of any dispute arising within the Act? |
Negotiable Instruments Act 1882 Environmental Protection Act 1986 Defence of India Act, 1971 Excise Act 1844 |
Defence of India Act, 1971 |
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. |