Question
The choice of arbitrator rests with whom in case
parties fail to decide?Solution
Arbitration and Conciliation Act S.11.Appointment of arbitrators (5) Failing any agreement referred to in sub-section (2), in an arbitration with a sole arbitrator, if the parties fail to agree on the arbitrator within thirty days from receipt of a request by one party from the other party to so agree the appointment shall be made, upon request of a party, by 1[the Supreme Court or, as the case may be, the High Court or any person or institution designated by such Court
Which of the following is an example of a fictitious asset ?
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