Examveda
Examveda

The petitioner in a petition under Section 34 of the Arbitration and Conciliation Act, 1996 shows that another method of calculating damages was preferable than the one adopted by the Arbitrator. The Court must

A. Set aside the award

B. Remand the award to the Arbitrator for reconsideration

C. Dismiss the petition

D. Award damages on the basis of the other method

Answer: Option C


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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:

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