Skip to content

CS Professional · Arbitration, Mediation and Conciliation · Emerging Aspects: Fast Track and Virtual Arbitration

Rao Pharma and Delta Logistics agreed to fast track arbitration, but the sole arbitrator could not make the award within the six-month period. What is the legal consequence under section 29B?

If the fast track award is not made within six months, sub-sections (3) to (9) of section 29A apply to the proceedings. The agreement does not lapse and the dispute does not become a suit; the extension and related provisions govern.

  1. AThe arbitration agreement becomes void
  2. BThe proceedings automatically convert to a civil suit
  3. CThe provisions of sub-sections (3) to (9) of section 29A apply to the proceedingsCorrect
  4. DThe parties must restart the proceedings with a new tribunal

Explanation

Section 29B(5) provides that if the award is not made within the period in sub-section (4), sub-sections (3) to (9) of section 29A apply. Nothing makes the agreement void or converts the dispute into a suit.

Did you get it right without looking?

One question tells you little. A timed set on Emerging Aspects: Fast Track and Virtual Arbitration shows your real accuracy, how long you take and where you lose marks.

Practise Emerging Aspects: Fast Track and Virtual ArbitrationFree diagnostic mock

More Emerging Aspects: Fast Track and Virtual Arbitration questions