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Partnership deed

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anonymous

proprietor

254 Points Posted on 08 March 2020

In a partnership deed, which act is referred for Arbitration? As per my reading it was Arbitration Act, 1940 earlier and now its Arbitration & Conciliation Act, 1996.

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Quick Summary

This discussion explores which Arbitration Act is referenced within a partnership deed. The consensus suggests that while the Arbitration Act of 1940 was previously used, the Arbitration & Conciliation Act of 1996 is now the relevant legislation. The key takeaway is that the consent of the parties involved is paramount in determining the applicable act.