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

    Question

    If the parties fail to agree on the place of

    arbitration, the place of arbitration shall be
    A Determined by the Court Correct Answer Incorrect Answer
    B Determined by the arbitral tribunal Correct Answer Incorrect Answer
    C Determined by the arbitral tribunal having regard to the circumstances of the case Correct Answer Incorrect Answer
    D The place of Sitting of High Court Correct Answer Incorrect Answer
    E Determined by the parties, as directed by the Arbitral Tribunal Correct Answer Incorrect Answer

    Solution

    Contract Act Section 20 of Arbitration and Conciliation Act Place of arbitration.— (1) The parties are free to agree on the place of arbitration. (2) Failing any agreement referred to in sub-section (1), the place of arbitration shall be determined by the arbitral tribunal having regard to the circumstances of the case, including the convenience of the parties. (3) Notwithstanding sub-section (1) or sub-section (2), the arbitral tribunal may, unless otherwise agreed by the parties, meet at anyplace it considers appropriate for consultation among its members, for hearing witnesses, experts or the parties, or for inspection of documents, goods or other property

    Practice Next

    Relevant for Exams: