Lesson 13 lists EIGHT features of an arbitral award. According to the …

Question

Lesson 13 lists EIGHT features of an arbitral award. According to the lesson, which of the following is a recognised feature?

Accepted Answer

A. {'text': 'The award must be written and stamped on stamp paper of prescribed value, signed by the members of the tribunal, and dated', 'label': 'A'}

1. Lesson 13's "Features of Arbitral award" table lists eight features:
   1. Written and stamped (on stamp paper of prescribed value at place of making); 2. Signed by members of the tribunal; 3. Reasoned (with two exceptions); 4. Dated; 5. Mention of place; 6. Clarity of value and interest; 7. Cost of arbitration; 8. Delivery of copies.
2. Hence option (A) captures three of those features correctly.
3. The other options describe duties not in the Act.
_Source: ICSI CS Executive Paper 1 — Jurisprudence, Interpretation & General Laws, Lesson 13 (Arbitration and Conciliation Act, 1996), pp. 297-303._

Answer

{'text': 'The award must be delivered to the public through a press release within thirty days of the making of the award by the arbitral tribunal under any law in force', 'label': 'B'}

Answer

{'text': 'The award must be confidentially destroyed within thirty days of delivery to the parties under any provision of any law in force in any State of India regardless of any other consideration', 'label': 'C'}

Answer

{'text': 'The award must be confirmed by the Supreme Court of India before delivery to the parties under any provision of any law in force in any State of India regardless of any other consideration', 'label': 'D'}