Question

    An oral arbitration agreement is deemed to be a

    __________________ as per the Arbitration and Conciliation Act?
    A Deemed to be an invalid arbitration agreement Correct Answer Incorrect Answer
    B Recognized as an arbitration agreement at the discretion of the arbitrator Correct Answer Incorrect Answer
    C May be recognized depending upon the facts and circumstances of the case Correct Answer Incorrect Answer
    D Either b or c Correct Answer Incorrect Answer

    Solution

    Explanation: An arbitration agreement shall be necessarily be in writing only and oral arbitration agreement shall not be considered as a valid arbitration agreement.

    Practice Next