Question

An oral arbitration agreement is deemed to be a __________________ as per the Arbitration and Conciliation Act?

A Deemed to be an invalid arbitration agreement Correct Answer Incorrect Answer
B Recognized as an arbitration agreement at the discretion of the arbitrator Correct Answer Incorrect Answer
C May be recognized depending upon the facts and circumstances of the case Correct Answer Incorrect Answer
D Either b or c Correct Answer Incorrect Answer

Solution

Explanation: An arbitration agreement shall be necessarily be in writing only and oral arbitration agreement shall not be considered as a valid arbitration agreement.

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