Examveda

In Conciliation:

A. The parties come to settlement after the award of the conciliator

B. The parties come to a settlement without making of any award by the conciliator

C. The parties come to any settlement only after the agreement of settlement or conciliation is signed in front of the conciliator

D. All of the above

Answer: Option B


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Related Questions on Arbitration and Conciliation Act

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