Question

Fast track procedure is covered under which section of Arbitration and Conciliation Act, 1996?

A S. 29 Correct Answer Incorrect Answer
B S.29 A. Correct Answer Incorrect Answer
C S. 29 B. Correct Answer Incorrect Answer
D S. 29 C. Correct Answer Incorrect Answer
E S. 30. Correct Answer Incorrect Answer

Solution

  S. 29B. Fast track procedure. — (1) Notwithstanding anything contained in this Act, the parties to an arbitration agreement, may, at any stage either before or at the time of appointment of the arbitral tribunal, agree in writing to have their dispute resolved by fast track procedure specified in sub-section (3).

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