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The **Arbitration Council of India** was established under Section 43B of the Act (inserted by the 2019 Amendment). Its head office, as set out in Lesson 13, shall be at:
A{'text': 'Mumbai, with power to establish offices at other places in India with prior approval of the Central Government in every case regardless of any other consideration of any kind', 'label': 'A'}
B{'text': 'Delhi, with power to establish offices at other places in India with prior approval of the Central Government', 'label': 'B'}
C{'text': 'Kolkata, with power to establish offices at other places in India with prior approval of the Central Government in every case regardless of any other consideration of any kind', 'label': 'C'}
D{'text': 'Chennai, with power to establish offices at other places in India with prior approval of the Central Government in every case regardless of any other consideration of any kind', 'label': 'D'}
Answer & Solution
Correct answer: B. {'text': 'Delhi, with power to establish offices at other places in India with prior approval of the Central Government', 'label': 'B'}
1. Section 43B of the Act establishes the Arbitration Council of India (ACI) as a body corporate with perpetual succession.
2. "The head office of the Council shall be at **Delhi**. The Council may, with the prior approval of the Central Government, establish offices at other places in India."
3. Section 43D lists the duties of the Council — grading of arbitral institutions, accreditation of arbitrators, training, and recommendations to the Central Government.
4. Section 43K requires the Council to maintain an **electronic depository of arbitral awards** made in India.
_Source: ICSI CS Executive Paper 1 — Jurisprudence, Interpretation & General Laws, Lesson 13 (Arbitration and Conciliation Act, 1996), pp. 314-333._
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