Examveda
Examveda

The Arbitral Tribunal shall issue an order for termination of the arbitral proceedings where:

A. Claimant withdraws his claim, unless the respondent objects to the order and the arbitral Tribunal recognises a legitimate interest on his part in obtaining a final settlement of the dispute

B. The parties agree on the termination of the proceedings

C. Arbitral Tribunal finals that the continuation of the proceedings has for any other reason become unnecessary or impossible

D. All the above

Answer: Option D


This Question Belongs to Law >> Arbitration And Conciliation Act

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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