Examveda
Examveda

An arbitral award may be set aside by the court if:

A. The arbitral award is in conflict with the public policy of India

B. The subject-matter of dispute is not capable of settlement by arbitration under the law for the time being in force

C. Both (A) and (B) are incorrect

D. Both (A) and (B) are correct

Answer: Option D


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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