Section 23 of ACA : Section 23: Statements Of Claim And Defence

Explanation using Example

Imagine that Company A and Company B have a dispute over a breach of contract and have agreed to resolve their conflict through arbitration, as per their contract's arbitration clause. According to Section 23(1) of The Arbitration and Conciliation Act, 1996, Company A (the claimant) submits a detailed statement to the arbitral tribunal within the agreed time, explaining the facts of the case, the points of contention, and the type of compensation they seek. Company B (the respondent) responds with a statement of defense, addressing each point raised by Company A.

Both companies provide important documents supporting the...

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