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Question

What is the maximum duration within which fast track arbitration must be completed?

Option A: 6 Months

Option B: 12 Months

Option C: 18 Months

Option D: 24 Months

Correct Answer

Option: a

Explanation

Section 29-B of Arbitration and Conciliation Act, 1996 deals with Fast track procedure. Sub-section (4) provides that the award under this section shall be made within a period of six months from the date the arbitral tribunal enters upon the reference.

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