Ad-hoc arbitration can be sought:
A. When the parties involved in commercial transaction choose to incorporate arbitration clause as a part of agreement to refer their future disputes
B. When a dispute that arose between the parties to a business transaction could not be settled through mediation or conciliation
C. When the parties agree to submit to arbitration 'all or any' differences which have arisen or may arise
D. Only (B) and (C)
Answer: Option B
This Question Belongs to Law >> Arbitration And Conciliation Act
Which of the Sections provide for the number of conciliations:
A. Section 63
B. Section 64
C. Section 65
D. Section 66
A. M.M.T.C. Ltd. v. Sterlite Industries (India) Ltd.
B. Sunderam Finance Ltd. v. N.E.P.C. Ltd.
C. Olympus Super structures Pvt. Ltd. v. Meera Vijay
D. Orma Impex Pvt. Ltd. v. Nissari Pvt. Ltd.
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
While considering the grant of interim measures, the Court may see whether:
A. The applicant has made prima facie case
B. The balance of convenience is in his favour
C. He would suffer irreparable injury if such measures are not granted
D. All of the above
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