ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    тЪб Month End Offer- Few Hours Left Flat 55% Off On All Courses!! Coode - OCT55 Enroll Now тЪб
    00:00:00 AM Left

    Question

    According to the Arbitration and Conciliation Act,

    which of the following is a ground for challenging the validity of an arbitral award?
    A Dissatisfaction with the outcome Correct Answer Incorrect Answer
    B Error in the interpretation of facts Correct Answer Incorrect Answer
    C Violation of public policy Correct Answer Incorrect Answer
    D Change in circumstances after the award. Correct Answer Incorrect Answer

    Solution

    One of the grounds for challenging the validity of an arbitral award under the Arbitration and Conciliation Act, 1996, is if the award is in conflict with the public policy of India. Public policy is a broad and flexible concept that includes principles of morality and justice. If an arbitral award violates fundamental principles of public policy, it can be set aside by the court.

    Practice Next
    More Administrative Interpretation and Maxims Questions
    ask-question