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
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