Multiple choice

An arbitration award under the arbitration and conciliation act, 1996

  1. has the status of a decree immediately on publication/pronouncement thereof

  2. does not have the statue of a decree

  3. has the status of a decree only after the time of three months for making an application to set aside the same has expired or such application having been made has been refused

  4. has the status of a decree only after time of three months and a further period of 30 days for making an application to set aside the same has expired or such application having been made has been refused
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

(3) An arbitration award under the arbitration and conciliation act, 1996 has the status of a decree only after the time of three months for making an application to set aside the same has expired or such application having been made has been refused.

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