Examveda
Examveda

Which of the following is not a ground for setting aside an arbitration award under Section 34 of the Arbitration and Conciliation Act, 1996?

A. Incapacity of a party

B. Arbitration agreement not being valid under the law in force

C. Award contains decisions on matters beyond the scope of the submission to arbitration

D. None of these

Answer: Option D


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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:

A. Is void and non-actionable

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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