Arbitration And Conciliation Act - Practice Test

[#66] Mark the Correct Statement, Under the Act of 1996:

(A) Presiding Arbitrator replaces the umpire of the old Act

(B) Presiding Arbitrator is a part and parcel of the Arbitral Tribunal while umpire under the old Act was a third person

(C) Presiding Arbitrator makes award along with panel of Arbitrator while umpire could make award single handedly when the appointed arbitrators had failed to arrive at a consensus

(D) All are correct

Correct Answer

(D) All are correct

[#67] Section 19 of the act provides for determination of rules of procedure for an arbitration proceeding. According to the section

(A) The arbitral tribunal shall not be bound by the Code of Civil Procedure, 1908 or the Indian Evidence Act, 1872

(B) The parties to arbitration are free to determine the procedure for arbitration

(C) The power of Arbitral tribunal includes the power to determine the admissibility, relevance, materiality and weight of any evidence

(D) All of the above

Correct Answer

(D) All of the above

[#68] The Court is

(A) Empowered to grant interim measures after the making of an Arbitral Award but before it is enforced, under Section 9 of the Arbitration & Conciliation Act

(B) Empowered to grant interim measures after the making of an Arbitral Award but before it is enforced, under Section 17 of the Arbitration & Conciliation Act

(C) Empowered to grant interim measures after the making of an Arbitral Award but before it is enforced, under Section 18 of the Arbitration & Conciliation Act

(D) Not empowered to grant interim measures after the making of the Arbitral Award

Correct Answer

(A) Empowered to grant interim measures after the making of an Arbitral Award but before it is enforced, under Section 9 of the Arbitration & Conciliation Act

[#69] Which one of the following is an incorrect statement?

(A) An arbitral award is a contract

(B) An arbitral award must be in writing and signed

(C) An arbitral award includes an interim award

(D) None of the above

Correct Answer

(A) An arbitral award is a contract

[#70] After the settlement agreement is reached between the parties to conciliation:

(A) The conciliator makes an award stating the reasons thereof

(B) The conciliator shall authenticate the settlement agreement and furnish a copy thereof

(C) The conciliator shall refer the matter to the tribunal

(D) None of the above

Correct Answer

(B) The conciliator shall authenticate the settlement agreement and furnish a copy thereof

Arbitration And Conciliation Act - Study Mode

[#66] Mark the Correct Statement, Under the Act of 1996:

Correct Answer

[#67] Section 19 of the act provides for determination of rules of procedure for an arbitration proceeding. According to the section

Correct Answer

[#68] The Court is

Correct Answer

[#69] Which one of the following is an incorrect statement?

Correct Answer

[#70] After the settlement agreement is reached between the parties to conciliation:

Correct Answer