Arbitration And Conciliation Act - Study Mode
[#201] According to Section 39, for any unpaid costs of the Arbitration:
Correct Answer
(A) The Arbitral Tribunal shall have a lien on the arbitral award
[#202] An arbitration agreement specifying even number of arbitrators cannot be a sole ground to render arbitration agreement invalid' - this was laid down in:
Correct Answer
(C) M.M.T.C. Ltd. v. Sterlite Industries (India) Ltd., AIR 1997 SC 605
[#203] The conciliation proceedings are terminated by: 1. signing of settlement agreement by parties. 2. conciliator, at his own, declaring in writing that further efforts are no longer justified. 3. written declaration by the parties to the conciliator that conciliation proceedings are terminated. 4. written declaration by one party to the other party and concilator that conciliation proceedings are terminated. Select the correct answer using the given below:
Correct Answer
(A) 1, 2, 3 and 4
[#204] Section 5 of the Act, intends:
Correct Answer
(A) To restrict the scope of judicial intervention
[#205] Section 38 deals with:
Correct Answer
(B) Fixation of the costs of an arbitration