New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    According to the Arbitration and Conciliation Act, the

    time limit for making an arbitral award is____________
    A Twelve months from the date of appointment of the arbitrator in all cases Correct Answer Incorrect Answer
    B Twelve months from the date of completion of pleadings in cases other than international commercial arbitration, and as expeditiously as possible in international commercial arbitration Correct Answer Incorrect Answer
    C Six months from the date of completion of pleadings in all cases Correct Answer Incorrect Answer
    D Twelve months from the date of commencement of arbitration in all cases Correct Answer Incorrect Answer
    E Six months from the date of appointment of the arbitrator in international commercial arbitration and twelve months in other cases Correct Answer Incorrect Answer

    Solution

    Section 29A - Time limit for arbitral award: In cases other than international commercial arbitration, the award will be made by the arbitral tribunal within a period of twelve months from the date of completion of pleadings. In the case of international commercial arbitrations, the award may be made as expeditiously as possible and endeavour may be made to dispose of the matter within a period of twelve months from the date of completion of pleadings.

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