Question

    The arbitral tribunal shall issue an order for the

    termination of the arbitral proceedings where
    A the arbitral tribunal finds that the continuation of the proceedings has for any reason become unnecessary Correct Answer Incorrect Answer
    B The arbitral award has been passed Correct Answer Incorrect Answer
    C The arbitral proceedings have prolonged Correct Answer Incorrect Answer
    D The award cannot be passed Correct Answer Incorrect Answer
    E The dispute has been rejected Correct Answer Incorrect Answer

    Solution

    Consumer Protection Act Section 32 of Arbitration and Conciliation Act Termination of proceedings.—(1) The arbitral proceedings shall be terminated by the final arbitral award or by an order of the arbitral tribunal under sub-section (2). (2) The arbitral tribunal shall issue an order for the termination of the arbitral proceedings where— (a) the claimant withdraws his claim, unless the respondent objects to the order and the arbitral tribunal recognises a legitimate interest on his part in obtaining a final settlement of the dispute, (b) the parties agree on the termination of the proceedings, or (c) the arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible.

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