Examveda

An arbitral award

A. Must state the reasons upon which it is based

B. Must state the reasons upon which it is based only when the parties have agreed for the same

C. Need not state the reason upon which it is based

D. May state or may not state the reasons upon which it is based as per discretion of the members of the arbitral tribunal

Answer: Option A

This Question Belongs to Law >> Arbitration And Conciliation Act

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