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The Arbitration and Conciliation Act, 1996, have been updated in view of the legislative amendments. Supreme Court decision till 2017 on the Arbitration law has been included. The Arbitration and Conciliation Act, 1940 is retained for reference purpose and all related legislations are attached separately for easy reference on related rules and regulations on arbitration. The book is informative having been thoroughly researched and brought up to date. It gives section-wise commentary on the Act with exhaustive synopsis covering corresponding Law, scope and numerous topics and sub-topics based on case-laws of Supreme Court and High Courts. The book is recognized as an authoritative and definitive work and encompasses an in-depth analysis of the most recent cases in this field. This book elucidates the legal aspects on arbitration and conciliation and we have made attempts to make this edition more useful to the professionals, academicians, students and other users of this branch of law by inclusion of new materials