Arbitration And Conciliation Act - Study Mode
[#276] According to section 11(9) of the Act in case of appointment of sole or third arbitrator in an international commercial arbitration where the parties belong to different nationalities the Chief Justice of India:
Correct Answer
(A) May appoint an arbitrator of a nationality other than the nationalities of the parties
[#277] An arbitral award
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(A) Must state the reasons upon which it is based
[#278] If within thirty days the parties fail to appoint their arbitrators, or the arbitrators fail to appoint the third arbitrator, the arbitrator shall be appointed by the
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(D) Chief Justice or a person/institution designated by him
[#279] In the case of appointment of sole or third arbitrator in an international commercial arbitration, a person
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(D) Who is of a nationality other than the nationalities of the parties may be appointed as an arbitrator
[#280] The validity of an arbitration agreement does not depend on the number of arbitrators specified therein, as the Act does not suggest the requirement of the number of arbitrators for an arbitration agreement': this was laid down in:
Correct Answer
(C) M.M.T.C. Ltd. v. Sterlite Industris (India) Ltd., AIR 1997 SC 605