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Law · Q150

Arbitration And Conciliation Act

Graduate and Post Graduate · Law · question 150

Q150

According to Section 35 of the Act, an Arbitral Award is:

A.
Not Final and not binding on the parties and persons claiming under them respectively
B.
Final and binding on the parties and persons claiming under them respectively
Answer
C.
Final and binding only with the approval of the Court
D.
Both (A) and (B)

Answer: Option B

Solution

Answer: Option B
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