An arbitration agreement entered into on 1st August 2019, provides for the arbitration to be in accordance with the Arbitration Act 1940.
A. The arbitration would be governed by the provisions of Arbitration and Conciliation Act, 1996
B. The arbitration would be governed by the provisions of Arbitration Act, 1940
C. The arbitration clause is void
D. The arbitration would be governed by the provisions of the Arbitration Act, 1940 as well as of the Arbitration and Conciliation Act, 1996
Answer: Option A

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