The Arbitration and Conciliation Act, 1996

The Indian Arbitration Act, 1940

The Arbitration and Conciliation (Amendment) Act, 2015

The Arbitration and Conciliation (Amendment) Act, 2019

To promote and facilitate arbitration as a means of resolving disputes

To provide a uniform law for arbitration in India

To make arbitration more accessible and affordable

All of the above

It provides for the appointment of arbitrators

It sets out the procedure for conducting arbitration proceedings

It provides for the enforcement of arbitral awards

All of the above

Any person who is a party to an arbitration agreement

Any person who has a claim against another person

Any person who is aggrieved by an arbitral award

None of the above

3 years from the date of the cause of action

6 years from the date of the cause of action

12 years from the date of the cause of action

There is no time limit

The parties can agree on the appointment of arbitrators

The court can appoint arbitrators if the parties cannot agree

The Arbitration Council of India can appoint arbitrators

All of the above

To summon witnesses

To compel the production of documents

To administer oaths

All of the above

The parties must file their claims and defenses in writing

The arbitrator must hold a hearing to hear the evidence of the parties

The arbitrator must issue an award within a specified time period

All of the above

A decision made by an arbitrator in an arbitration proceeding

A contract between the parties to an arbitration agreement

A court order enforcing an arbitral award

None of the above

It is binding on the parties to the arbitration agreement

It can be enforced by a court of law

It can be appealed to a higher court

All of the above

Corruption or fraud on the part of the arbitrator

Serious irregularity in the conduct of the arbitration proceedings

The award is in conflict with public policy

All of the above

A process in which a neutral third party helps the parties to a dispute reach an agreement

A process in which a neutral third party makes a decision that is binding on the parties to a dispute

A process in which the parties to a dispute agree to submit their dispute to a court of law

None of the above

It is less adversarial than litigation

It is more cost-effective than litigation

It is more likely to preserve the relationship between the parties

All of the above

A process in which a neutral third party helps the parties to a dispute reach an agreement

A process in which a neutral third party makes a decision that is binding on the parties to a dispute

A process in which the parties to a dispute agree to submit their dispute to a court of law

None of the above

It is less adversarial than litigation

It is more cost-effective than litigation

It is more likely to preserve the relationship between the parties

All of the above

A process in which two or more parties try to reach an agreement through direct communication

A process in which a neutral third party helps the parties to a dispute reach an agreement

A process in which a neutral third party makes a decision that is binding on the parties to a dispute

None of the above

It is less adversarial than litigation

It is more cost-effective than litigation

It is more likely to preserve the relationship between the parties

All of the above