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Arbitration and Conciliation Act
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"International Commercial Arbitration" means an arbitration relating to disputes, where at least one of the parties is:
(1) an individual who is a national of or habitually resident in any country other than India
(2) a body corporate which is incorporated in any country other than India
(3) an association or a body of individuals whose central management and control is exercised in any country other than India
(4) a Government of a foreign country

Answer & Solution
Correct Answer: Option C
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