Question

    According to the Arbitration and Conciliation Act, which of the following is a ground for challenging the validity of an arbitral award?

    A Violation of public policy Correct Answer Incorrect Answer
    B Dissatisfaction with the outcome Correct Answer Incorrect Answer
    C Error in the interpretation of facts Correct Answer Incorrect Answer
    D Change in circumstances after the award. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Explanation: One of the grounds for challenging the validity of an arbitral award under the Arbitration and Conciliation Act, 1996, is if the award is in conflict with the public policy of India. Public policy is a broad and flexible concept that includes principles of morality and justice. If an arbitral award violates fundamental principles of public policy, it can be set aside by the court.

    Practice Next

    Relevant for Exams: