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Section 44, Arbitration & Conciliation Act 1996: Definition

Section 44 (Definition) is under Chapter I (New York Convention Awards) of the Part II (Enforcement Of Certain Foreign Awards) of the Arbitration and Conciliation Act, 1996.

The contents of the section  is reproduced hereunder:—

In this Chapter, unless the context otherwise requires, "foreign award" means an arbitral award on differences between persons arising out of legal relationships, whether contractual or not, considered as commercial under the law in force in India, made on or after the 11th day of October, 1960—

(a) in pursuance of an agreement in writing for arbitration to which the Convention set forth in the First Schedule applies, and

(b) in one of such territories as the Central Government, being satisfied that reciprocal provisions have been made may, by notification in the Official Gazette, declare to be territories to which the said Convention applies.






This page was last updated on 31st December, 2017.

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