Arbitration and Conciliation Act : Power of judicial authority to refer parties to arbitration. Indian

Arbitration and Conciliation Act,1996

Act No : 26

Section : Power of judicial authority to refer parties to arbitration.

54. Power of judicial authority to refer parties to arbitration. Notwithstanding anything contained in Part I or in the Code of Civil Procedure, 1908 (5 of 1908), a judicial authority, on being seized of a dispute regarding a contract made between persons to whom section 53 applies and including an arbitration agreement, whether referring to present or future differences, which is valid under that section and capable of being carried into effect, shall refer the parties on the application of either of them or any person claiming through or under him to the decision of the arbitrators and such reference shall not prejudice the competence of the judicial authority in case (he agreement or the arbitration cannot proceed or becomes inoperative.