Mark the Correct Statement, Under the Act of 1996:
A. Presiding Arbitrator replaces the umpire of the old Act
B. Presiding Arbitrator is a part and parcel of the Arbitral Tribunal while umpire under the old Act was a third person
C. Presiding Arbitrator makes award along with panel of Arbitrator while umpire could make award single handedly when the appointed arbitrators had failed to arrive at a consensus
D. All are correct
Answer: Option D
This Question Belongs to Law >> Arbitration And Conciliation Act
Which of the Sections provide for the number of conciliations:
A. Section 63
B. Section 64
C. Section 65
D. Section 66
A. M.M.T.C. Ltd. v. Sterlite Industries (India) Ltd.
B. Sunderam Finance Ltd. v. N.E.P.C. Ltd.
C. Olympus Super structures Pvt. Ltd. v. Meera Vijay
D. Orma Impex Pvt. Ltd. v. Nissari Pvt. Ltd.
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
While considering the grant of interim measures, the Court may see whether:
A. The applicant has made prima facie case
B. The balance of convenience is in his favour
C. He would suffer irreparable injury if such measures are not granted
D. All of the above
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