Speedy justice is the paramount factor that ensures smooth functioning of welfare state. The Rule of Law plays pivotal role in upholding the spirit of a nation. To ensure access to speedy justice, the judicial system underwent stages of evolution, one such stage involved introduction of Arbitration and Conciliation Act, 1996 (for short “Arbitration Act”), an Act paving the way of dispute resolution. Arbitration Act is concerned with speedy disposal of disputes concerning right in personam.