Examveda
Examveda

The court may set aside an arbitral award only if:

A. An application for setting aside is moved by the party along with the proof to substantiate the grounds for assailing the arbitral award

B. Court on its own i.e. suo motu may set aside the award in certain cases

C. Both (A) and (B)

D. None of the above

Answer: Option C


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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