Which among the following are covered within 'Arbitration Agreement' as per Section 7 of the Arbitration and Conciliation Act 1996?
1. Oral agreement.
2. It may be in the form of a separate agreement.
3. Agreement by parties to submit the disputes which have arisen.
4. Agreement by parties to submit the disputes which may arise.
Select the correct answer using the given below.
A. 1, 2 and 3
B. 2, 3 and 4
C. 3 and 4 only
D. 1 and 4
Answer: Option B
Join The Discussion