Under the Arbitration and Conciliation Act, 1996, Arbitration Tribunal may direct payment of interest:
A. For whole or part of the period from the date of cause of action till award, but not for the period post the award
B. For whole or part of the period from the date of cause of action till payment is made
C. For the period post the award only when the arbitration clause specifically states that interest shall be awarded
D. Arbitration Tribunal cannot award interest and only Court can direct and award interest
Answer: Option B
Join The Discussion