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Law · Q330

Arbitration And Conciliation Act

Graduate and Post Graduate · Law · question 330

Q330

Under the Arbitration and Conciliation Act, 1996, Arbitration Tribunal may direct payment of interest:

A.
For whole or part of the period from the date of cause of action till award, but not for the period post the award
B.
For whole or part of the period from the date of cause of action till payment is made
Answer
C.
For the period post the award only when the arbitration clause specifically states that interest shall be awarded
D.
Arbitration Tribunal cannot award interest and only Court can direct and award interest

Answer: Option B

Solution

Answer: Option B
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