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Standard XII
Legal Studies
Question

An arbitral award ______.
  1. has to be in writing but need not be signed
  2. has to be in writing and signed by the members of the arbitral tribunal
  3. may be oral
  4. either (a) or (b) or (c)

A
has to be in writing but need not be signed
B
has to be in writing and signed by the members of the arbitral tribunal
C
may be oral
D
either (a) or (b) or (c)
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Solution
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According to the Arbitration and Conciliation Act, 1996, an Arbitral Award, shall be in writing, shall be signed by members of Arbitral Tribunal, shall state the reasons on which the Award is based, date and place of arbitration shall be decided. The Act provides that after passing the Award, a signed copy of the Award shall be delivered to each party.

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