AIBE XVII — February 2023 — Q.49 (Arbitration and Conciliation Act, 1996)

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Q.49

ADR & Arbitration Act Medium Knowledge-Based

Bare Act Arbitration and Conciliation Act, 1996 · Section 32

Under what circumstances the arbitral proceedings can be terminated? 1. Final Arbitral award 2. Interim award 3. Where the arbitral tribunal issues an order for the termination

✓ 1 and 3 Answer

B 1 and 2

C 2 and 3

D 1, 2 and 3

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Explanation & Strategy

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Under Section 32 of the Arbitration Act, arbitral proceedings terminate in two situations: (1) by the final arbitral award, or (2) by an order of the tribunal terminating proceedings (when claimant withdraws, parties agree, or continuation becomes unnecessary/impossible). Interim awards do NOT terminate proceedings — only final awards do.

At a Glance

Subject ADR & Arbitration Act

Difficulty Medium

Act Arbitration and Conciliation Act, 1996

Section Section 32

Answer (A) Knowledge-Based

Paper AIBE XVII — February 2023

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