Examveda
Examveda

The validity of an arbitration agreement does not depend on the number of arbitrators specified therein, as the Act does not suggest the requirement of the number of arbitrators for an arbitration agreement': this was laid down in:

A. Orma Impex Pvt. Ltd. v. Nissari Arb. Pte Ltd., AIR 1999 SC 2871

B. Olympus Super Structures Pvt. Ltd. v. Meena Vijay Kheian, AIR 1999 SC 2102

C. M.M.T.C. Ltd. v. Sterlite Industris (India) Ltd., AIR 1997 SC 605

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