New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    If parties adopt fast track procedure for arbitration

    which of the following is skipped-
    A Written pleadings. Correct Answer Incorrect Answer
    B Oral hearing Correct Answer Incorrect Answer
    C Evidence Correct Answer Incorrect Answer
    D b and c Correct Answer Incorrect Answer

    Solution

    As per the Arbitration and Conciliation Act, 1996 S.29 B (3) The arbitral tribunal shall follow the following procedure while conducting arbitration proceedings under sub-section (1):— (a) The arbitral tribunal shall decide the dispute on the basis of written pleadings, documents and submissions filed by the parties without any oral hearing; (b) The arbitral tribunal shall have power to call for any further information or clarification from the parties in addition to the pleadings and documents filed by them; (c) An oral hearing may be held only, if, all the parties make a request or if the arbitral tribunal considers it necessary to have oral hearing for clarifying certain issues; (d) The arbitral tribunal may dispense with any technical formalities, if an oral hearing is held, and adopt such procedure as deemed appropriate for expeditious disposal of the case.

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