UNCITRAL MODEL LAW ON INTERNATIONAL COMMERCIAL ARBITRATION 1985 (revised 2006):
Aonly US law (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006)) (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006)) (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006))
Bbinding all (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006)) (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006)) (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006))
Conly EU law (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006)) (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006)) (cf. UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006))
DUNITED NATIONS COMMISSION on International Trade Law's model legislation for States — adopted by many countries (including India for the 1996 Act); provides UNIFORM framework for international commercial arbitration; revised 2006 to include written form, separability, interim measures
Answer & Solution
Correct answer: D. UNITED NATIONS COMMISSION on International Trade Law's model legislation for States — adopted by many countries (including India for the 1996 Act); provides UNIFORM framework for international commercial arbitration; revised 2006 to include written form, separability, interim measures
1. The UNCITRAL MODEL LAW ON INTERNATIONAL COMMERCIAL ARBITRATION was adopted on 21 June 1985 by the UN Commission on International Trade Law (UNCITRAL).
2. PURPOSE: provide a UNIFORM template that States can adopt for their international arbitration legislation — promoting harmonization.
3. ADOPTED by 80+ States (including India for the Arbitration and Conciliation Act 1996).
4. KEY PROVISIONS:
5. (i) Articles 1-9: General provisions, definitions;
6. (ii) Article 11: Appointment of arbitrators;
7. (iii) Article 16: Competence-Competence;
8. (iv) Article 18: Equal treatment of parties;
9. (v) Article 28: Substantive law applicable;
10. (vi) Article 34: Setting aside;
11. (vii) Articles 35-36: Recognition and enforcement of awards.
12. REVISED 2006: clarifications on (a) writing requirement (electronic communications); (b) interim measures; (c) preliminary orders; (d) form of arbitration agreement.
13. Hence option B is correct.
_Source: Arbitration and Conciliation Act 1996 (Bare Act) + Mediation Act 2023 — UNCITRAL Model Law on International Commercial Arbitration 1985 (revised 2006)_
Related questions
In SBP & Co. v. PATEL ENGINEERING LTD (2005) 8 SCC 618, the Supreme Court held that the JUSection 28 Arbitration Act 1996 specifies APPLICABLE LAW:Section 39 Arbitration Act 1996 grants the arbitral tribunal LIEN on the:INTERIM AWARD under Arbitration Act 1996:Section 38 Arbitration Act 1996 (DEPOSITS) requires parties to:DOMESTIC ARBITRATION versus INTERNATIONAL COMMERCIAL ARBITRATION:Section 21 Arbitration Act 1996 defines COMMENCEMENT OF ARBITRATION as:Section 43 Arbitration Act 1996 (LIMITATION) provides that the period of LIMITATION ACT 19