Examveda
Examveda

A defendant enters appearance in a money suit and files a petition informing the Court that there exists an arbitration agreement between the parties. However, during pendency of such adjudication by the Court the defendant gets an arbitral tribunal constituted as per the stipulation of the agreement and obtains an award in his favour-

A. The award would be subject to outcome of the suit

B. The award would be invalid

C. The award would become invalid at the option of the plaintiff of the suit

D. The award would be a valid award

Answer: Option D


This Question Belongs to Law >> Arbitration And Conciliation Act

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An Arbitration Agreement dated 1st December, 2018 provides for reference of disputes to four arbitrators with two to be appointed by each of the parties. The Arbitration Agreement:

A. Is void and non-actionable

B. Is to be construed as being of reference of disputes to a sole arbitrator

C. Is to be construed as being of reference of disputes to three arbitrators

D. Is to be construed as being of reference of disputes to five arbitrators with the fifth arbitrator being nominated by the two arbitrators of each party