Q. Consider the following statements regarding ‘Arbitration Council of India (ACI)?
1. Article 51 of the Indian Constitution provides the basis for setting up of ACI.
2. All the appointments of arbitrators will be made by the institution designated by the Supreme Court.
Which of the statements given above is/are correct?
1. Article 51 of the Indian Constitution provides the basis for setting up of ACI.
2. All the appointments of arbitrators will be made by the institution designated by the Supreme Court.
Which of the statements given above is/are correct?
✅ Correct Answer: (A)
1 only
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