Examveda
Examveda

Conciliation proceedings are incorporated under:

A. Section 61 to 81 of Part III of the Act

B. Section 60 to 81 of Part III of the Act

C. Section 59 to 86 of Part III of the Act

D. None of the above

Answer: Option A


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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

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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