71
Which of the following is an innovative form of Alternative Dispute Resolution mechanism
A)
Bar Council of India
B)
Election Commission
C)
Comptroller and Auditor General
D)
Lok Adalat
Answer & Solution
Answer: Option
D
72
Domestic arbitration takes place in India:
A)
When the arbitration proceedings, the subject matter of the contract and the merits of the dispute are all governed by Indian law
B)
When the cause of action for he dispute arises wholly in India
C)
Where the parties are otherwise subject to Indian jurisdiction
D)
Either (A) or (B) or (C)
Answer & Solution
Answer: Option
D
73
Unless otherwise agreed by the parties, the arbitral proceedings, in respect of a particular dispute commence on the date:
A)
When the arbitrator is appointed by the parties
B)
On which a request for that dispute to be referred to arbitration is received by the respondent
C)
When the matter is referred to arbitrator for settlement
D)
When the arbitrator takes notice of the dispute for further proceedings
Answer & Solution
Answer: Option
B
74
Under the Arbitration and Conciliation Act, 1996, the mandate of arbitral Tribunal terminates:
A)
When the arbitrator withdraws from his office
B)
The parties agree to terminate his mandate
C)
Incompetency of arbitrator
D)
All of the above
Answer & Solution
Answer: Option
D
75
Finality to arbitral awards within meaning of section 35 of the Arbitration and Conciliation Act, 1996 shall
A)
Not be binding on parties
B)
Be binding on government authority
C)
Be binding on first party only
D)
Be binding on the parties and person claiming under them respectively
Answer & Solution
Answer: Option
D
76
Arbitral proceedings commence
A)
On the date on which a request for a dispute to be referred to arbitration is received by the respondent
B)
On the date when the respondent gives consent to the appointment of the arbitrator
C)
On the date when the arbitrator issues notice of the parties
D)
On the date when the statement of claim and written submission of defence is made
Answer & Solution
Answer: Option
A
77
On the very filing of a petition under Section 34 of the Arbitration and Conciliation Act, 1996 for setting aside of an arbitral award in an arbitral proceeding which has commenced after 23rd October, 2015, the
A)
Arbitral award becomes inexecutable
B)
The arbitral award is eclipsed
C)
The arbitral award remains executable unless execution thereof is stayed by the court before which such petition is filed
D)
Arbitral award is executable only with the permission of the court before which the petition under Section 34 of the Arbitration and Conciliation Act, 1996 is filed
Answer & Solution
Answer: Option
C
78
In which case the Supreme Court held that under section 34 of the Arbitration and Conciliation Act, 1996 the court can examine the validity of International awards:
A)
Oil & Natural Gas Corpn. Ltd. v. Saw Pipes Ltd., (2003) 5 SCC 705
B)
Venture Global Engg. v. Satyam Computer Services Ltd., (2008) 4 SCC 190
C)
Kailash Rani Dang v. Rakesh Bala Aneja, (2009) 1 SCC 732
D)
Union of India v. Tecco Trichy Engineers & Contractors, (2005) 4 SCC 239
Answer & Solution
Answer: Option
A
79
An award made under the Arbitration and Conciliation Act, 1996 under Section 36 is enforceable like a/an
A)
Order under the Code of Civil Procedure
B)
Judgment under the Code of Civil Procedure
C)
Decree under the Code of Civil Procedure
D)
None of the above
Answer & Solution
Answer: Option
C
80
The Arbitral Tribunal shall rule
A)
At the direction of court
B)
On its own discretion
C)
At the instruction of parties
D)
As per provisions of General Clauses Act, 1897
Answer & Solution
Answer: Option
B
