Arbitration and Domestic Law
This quiz is designed to test your understanding of Arbitration and Domestic Law.
Questions
What is the primary legislation governing arbitration in India?
- Arbitration Act, 1940
- Arbitration and Conciliation Act, 1996
- Indian Contract Act, 1872
- Code of Civil Procedure, 1908
Which of the following is not a ground for setting aside an arbitral award under the Arbitration and Conciliation Act, 1996?
- Corruption or fraud by the arbitrator
- Serious irregularity in the conduct of the arbitration proceedings
- Failure of the arbitrator to give reasons for the award
- The award is in conflict with public policy
What is the time limit for filing an application for setting aside an arbitral award under the Arbitration and Conciliation Act, 1996?
- 30 days
- 60 days
- 90 days
- 120 days
Which of the following is not a requirement for an arbitration agreement to be valid under the Arbitration and Conciliation Act, 1996?
- It must be in writing
- It must be signed by all the parties
- It must specify the subject matter of the dispute
- It must be witnessed by two witnesses
What is the default number of arbitrators in an arbitration proceeding under the Arbitration and Conciliation Act, 1996?
- 1
- 2
- 3
- 4
Which of the following is not a power of the arbitral tribunal under the Arbitration and Conciliation Act, 1996?
- To summon witnesses
- To compel the production of documents
- To administer oaths
- To award punitive damages
What is the effect of an arbitral award under the Arbitration and Conciliation Act, 1996?
- It is binding on the parties
- It can be appealed to the court
- It can be enforced by the court
- All of the above
Which of the following is not a ground for refusing to enforce an arbitral award under the Arbitration and Conciliation Act, 1996?
- The award is in conflict with public policy
- The award was obtained by fraud or corruption
- The award is in violation of the fundamental principles of natural justice
- The award is not in writing
What is the limitation period for filing an application for the enforcement of an arbitral award under the Arbitration and Conciliation Act, 1996?
- 3 years
- 6 years
- 9 years
- 12 years
Which of the following is not a type of arbitration under the Arbitration and Conciliation Act, 1996?
- Domestic arbitration
- International arbitration
- Institutional arbitration
- Ad hoc arbitration
What is the role of the court in arbitration proceedings under the Arbitration and Conciliation Act, 1996?
- To appoint arbitrators
- To supervise the arbitration proceedings
- To enforce arbitral awards
- All of the above
Which of the following is not a method of resolving disputes under the Arbitration and Conciliation Act, 1996?
- Arbitration
- Conciliation
- Mediation
- Negotiation
What is the role of the arbitral tribunal in arbitration proceedings under the Arbitration and Conciliation Act, 1996?
- To hear the evidence and arguments of the parties
- To decide the dispute and issue an award
- To enforce the award
- All of the above
Which of the following is not a benefit of arbitration under the Arbitration and Conciliation Act, 1996?
- It is a private and confidential process
- It is less expensive than litigation
- It is faster than litigation
- It is more flexible than litigation
What is the primary objective of the Arbitration and Conciliation Act, 1996?
- To promote arbitration as a means of resolving disputes
- To provide a uniform law for arbitration
- To make arbitration more accessible and affordable
- All of the above