Question

    How can an arbitration agreement be formed according to the Arbitration and Conciliation Act, 1996?

    A As a verbal agreement Correct Answer Incorrect Answer
    B Only through court proceedings Correct Answer Incorrect Answer
    C Only as a separate agreement Correct Answer Incorrect Answer
    D Only as an arbitration clause within a contract Correct Answer Incorrect Answer
    E Either as a clause within a contract or as a separate agreement Correct Answer Incorrect Answer

    Solution

    Section 7. Arbitration agreement: (2) An arbitration agreement may be in the form of an arbitration clause in a contract or in the form of a separate agreement.

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