Arbitration And Conciliation Act - Study Mode

[#221] The parties to the arbitration agreement shall appoint arbitrator within:
Correct Answer

(A) Thirty days

[#222] According to Section 2(d) Arbitral Tribunal may mean
Correct Answer

(C) Both (A) and (B)

[#223] The arbitration awards rendered in arbitration proceedings commended before the coming into force of the Arbitration & Conciliation Act, 1996
Correct Answer

(C) Are to be challenged as per the provisions of the Arbitration Act, 1940 only unless otherwise agreed by the parties

[#224] Under the Arbitration and Conciliation Act, 1996, an application for setting aside an arbitral award must be made by the party after receiving the award:
Correct Answer

(B) Within three months

[#225] Which one of the following is incorrect statement:
Correct Answer

(C) The party comes to settlement only when the award is made by the conciliator