Law · Arbitration and Conciliation Act, 1996
According to Section 85 of the Arbitration & Conciliation Act, 1996, arbitral proceedings commenced before the commencement of the 1996 Act shall, unless otherwise agreed by the parties, be governed and challenged as per the provisions of:
- 1The Arbitration Act, 1940 mandatory in all circumstances
- 2The Arbitration & Conciliation Act, 1996 retrospectively
- 3The Arbitration Act, 1940, unless the parties otherwise agree✓
- 4The Code of Civil Procedure, 1908 directly
Correct answer
The Arbitration Act, 1940, unless the parties otherwise agree
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