Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Arbitration, Tribunal Adjudication and Alternate Dispute resolution

Question:
Which of the following is an example of Foreign Arbitration?
Options:
An arbitration where proceedings are conducted in a place outside India and the award is required to be enforced in India.
An arbitration in which at-least one of the disputing parties is a resident/body corporate of a country other than India.
Arbitration with the government of a foreign country.
All of the above
Correct Answer:
An arbitration where proceedings are conducted in a place outside India and the award is required to be enforced in India.
Explanation:
Foreign Arbitration - An arbitration where proceedings are conducted in a place outside India and the award is required to be enforced in India.
International Commercial Arbitration - An arbitration in which at-least one of the disputing parties is a resident/body corporate of a country other than India. Arbitration with the government of a foreign country is also considered to be an international commercial arbitration. This form of arbitration has been defined specifically under section 2(1)(f) of the Arbitration and Conciliation Act, 1996.