Section 82 of ACA : Section 82: Power Of High Court To Make Rules
ACA
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Explanation using Example
Imagine a scenario where a local business and an international supplier have a dispute over a trade agreement. They have previously agreed to settle any disputes through arbitration, as per their contract, which falls under the ambit of The Arbitration and Conciliation Act, 1996. The arbitration process concludes, but the local business is dissatisfied with the award and decides to challenge it in the High Court.
The High Court, utilizing its powers under Section 82 of the Arbitration and Conciliation Act, 1996, has established certain rules that dictate how such a challenge should be presented and processed. These rules ensure that the proceedings are conducted in an orderly fashion and in line with the principles of the Act. The local business must follow these specific rules when filing their application to ensure that their challenge is considered valid by the Court.