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The Arbitration and Conciliation Act, 1996
Section 43M

The Arbitration and Conciliation Act, 1996

Chapter X — Miscellaneous

Section 43MChief Executive Officer

Read in the full Act

Section 43M: Chief Executive Officer

Contents

Preamble
Preliminary
1Short title, extent and commencement
Chapter I — General provisions
2Definitions
3Receipt of written communications
4Waiver of right to object
5Extent of judicial intervention
6Administrative assistance
Chapter II — Arbitration agreement
7Arbitration agreement
8Power to refer parties to arbitration where there is an arbitration agreement
9Interim measures, etc., by Court
Chapter III — Composition of arbitral tribunal
10Number of arbitrators
11Appointment of arbitrators
11APower of Central Government to amend Fourth Schedule
12Grounds for challenge
13Challenge procedure
14Failure or impossibility to act
15Termination of mandate and substitution of arbitrator
Chapter IV — Jurisdiction of arbitral tribunals
16Competence of arbitral tribunal to rule on its jurisdiction
17Interim measures ordered by arbitral tribunal
Chapter V — Conduct of arbitral proceedings
18Equal treatment of parties
19Determination of rules of procedure
20Place of arbitration
21Commencement of arbitral proceedings
22Language
23Statements of claim and defence
24Hearings and written proceedings
25Default of a party
26Expert appointed by arbitral tribunal
27Court assistance in taking evidence
Chapter VI — Making of arbitral award and termination of proceedings
28Rules applicable to substance of dispute
29Decision making by panel of arbitrators
29ATime limit for arbitral award
29BFast track procedure
30Settlement
31Form and contents of arbitral award
31ARegime for costs
32Termination of proceedings
33Correction and interpretation of award; additional award
Chapter VII — Recourse against arbitral award
34Application for setting aside arbitral awards
Chapter VIII — Finality and enforcement of arbitral awards
35Finality of arbitral awards
36Enforcement
Chapter IX — Appeals
37Appealable orders
Chapter X — Miscellaneous
38Deposits
39Lien on arbitral award and deposits as to costs
40Arbitration agreement not to be discharged by death of party thereto
41Provisions in case of insolvency
42Jurisdiction
42AConfidentiality of information
42BProtection of action taken in good faith
43Limitations
43ADefinitions
43BEstablishment and incorporation of Arbitration Council of India
43CComposition of Council
43DDuties and functions of Council
43EVacancies, etc., not to invalidate proceedings of Council
43FResignation of Members
43GRemoval of Member
43HAppointment of experts and constitution of Committees thereof.57
43-IGeneral norms for grading of arbitral institutions
Chapter X — Miscellaneous
43JNorms for accreditation of arbitrators
43KDepository of awards
43LPower to make regulations by Council
43MChief Executive Officer
Chapter I — New York Convention Awards
44Definition
45Power of judicial authority to refer parties to arbitration
46When foreign award binding
47Evidence
48Conditions for enforcement of foreign awards
49Enforcement of foreign awards
50Appealable orders
51Saving
52Chapter II not to apply
Chapter II — Geneva Convention Awards
53Interpretation
54Power of judicial authority to refer parties to arbitration
55Foreign awards when binding
56Evidence
57Conditions for enforcement of foreign awards
58Enforcement of foreign awards
59Appealable orders
60Savings
61Application and scope
62Commencement of conciliation proceedings
63Number of conciliators
64Appointment of conciliators
65Submission of statements to conciliator
66Conciliator not bound by certain enactments
67Role of conciliator
68Administrative assistance
69Communication between conciliator and parties
70Disclosure of information
71Co-operation of parties with conciliator
72Suggestions by parties for settlement of dispute
73Settlement agreement
74Status and effect of settlement agreement
75Confidentiality
76Termination of conciliation proceedings
77Resort to arbitral or judicial proceedings
78Costs
79Deposits
80Role of conciliator in other proceedings
81Admissibility of evidence in other proceedings
82Power of High Court to make rules
83Removal of difficulties
84Power to make rules
85Repeal and savings
86Repeal and saving
87Effect of arbitral and related court proceedings commenced prior to 23rd October, 2015
Schedules
The First Schedule
The Second Schedule
The Third Schedule
The Fourth Schedule
The Fifth Schedule
The Sixth Schedule
The Seventh Schedule
The Eighth Schedule
Rules and regulations
Made under this Act
Commentary
Background and purpose
Key provisions
Legislative history
Structure
State amendments
Related laws
Sources

43M. Chief Executive Officer

Previous section 43L. Power to make regulations by Council Next section 44. Definition

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Last updated 30 October 2026

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