Having the qualifications agreed by parties is a positive attribute, not a ground for challenge. The challenge grounds under Section 12 relate to deficiencies: lack of independence, lack of impartiality, or ineligibility under the Seventh Schedule.

1. 1 Pick up ACA 1996.
2. 2 Go to Section 12.
3. 3 Read: arbitrator can be challenged if (1) justifiable doubt about independence, (2) justifiable doubt about impartiality, (3) ineligible per Seventh Schedule.
4. 4 Possessing agreed qualifications is NOT a ground for challenge — it's actually a requirement, not a deficiency.
5. 5 Option C is the situation where challenge is NOT warranted.

The text reads: Section 12: Arbitrator challengeable for doubts about independence, impartiality, or ineligibility. Possessing agreed qualifications is not a ground for challenge.