Question

The parties may agree to resolve their disputes by fast track procedure _____

A At any time during Arbitration proceedings. Correct Answer Incorrect Answer
B At any time before the constitution of arbitral tribunal. Correct Answer Incorrect Answer
C At the time of constitution of arbitral tribunal. Correct Answer Incorrect Answer
D At any time even after constitution of arbitral tribunal. Correct Answer Incorrect Answer
E B or C. Correct Answer Incorrect Answer

Solution

  Arbitration & Conciliation Act   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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