Arbitration And Conciliation Act MCQ question and answer

81

Disputes between 'A' and 'B' are referred to arbitration under the Arbitration and Conciliation Act, 1996. The final award is rendered on 1^st June 2019 in favour of 'B'. During the ensuing summer vacations of the Court an urgent situation arises in which 'B' wishes to seek interim relief. 'B' can

A) Approach the arbitral tribunal under Section 17 of the Arbitration and Conciliation Act, 1996 for interim orders B) Approach the court of competent jurisdiction under Section 9 of the Arbitration and Conciliation Act, 1996 for interim orders C) Not obtain any interim orders as the final award has been passed D) Approach the Supreme Court for interim orders

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Answer & Solution

Answer: Option B

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82

Which of the following statements is correct, so far as Section 9 of the Arbitration and Conciliation Act, 1996 is concerned?

A) A party mav apply to the court for interim measures during the pendency of the arbitration proceedings only B) A party may apply to the court seeking appointment of receiver by way of interim measures even after the making of the arbitral award by the Arbitral Tribunal C) A party cannot apply for interim measures before the commencement of arbitral proceedings D) All the above are correct

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Answer & Solution

Answer: Option B

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83

According to Section 63 of the Act, the number of Conciliators:

A) Shall be one B) Shall be two C) Shall be one unless the parties agree that there shall be two or three conciliators D) None of the above

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Answer & Solution

Answer: Option C

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84

Private arbitration is also known as

A) Domestic Arbitration B) Integral Arbitration C) Fast track Arbitration D) Consensual Arbitration

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Answer & Solution

Answer: Option D

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85

The settlement agreement can be set aside:

A) On request by a party B) By the Court if it finds that the subject matter of the dispute is not capable of settlement by conciliation or if the settlement agreement is opposed to the public policy of India C) Both (A) and (B) D) Only (A)

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Answer & Solution

Answer: Option B

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86

The Arbitration and Conciliation Act was enacted in

A) 1908 B) 1940 C) 1996 D) 2002

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Answer & Solution

Answer: Option C

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87

A written arbitration agreement is authentic if it is contained in:

A) A document signed by the parties B) An exchange of letters, telex, telegrams or other means of telecommunication which provide a record of the agreement C) An exchange of statements of claim and defence in which the existence of the agreement is alleged by one party and not denied by the other D) All the options are correct

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Answer & Solution

Answer: Option D

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88

Which of the following is not an essential ingredient of a valid Arbitration agreement:

A) The parties must be ad idem B) There should be an animus arbitrandi C) The agreement must be in writing D) The agreement must be registered

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Answer & Solution

Answer: Option D

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Arbitration And Conciliation Act MCQ question and answer | Law MCQ question