Question

The Arbitral proceeding shall stand terminated:

• A. On making of the final award
• B. By an order of the arbitral tribunal
• C. When the parties to the dispute agree to terminate proceedings
• D. All of the above

Hint:

Section 32 of the Arbitration and Conciliation Act, 1996 clearly defines when arbitral proceedings end. Always remember — the final award, tribunal's order, or mutual consent can all lead to termination.

Answer 1

The Correct Option is D

Step 1: Understanding the Concept.
Section 32 of the Arbitration and Conciliation Act, 1996, specifies the conditions under which arbitral proceedings come to an end. The section ensures that there is a clear legal conclusion to every arbitration process.

Step 2: Detailed Explanation.
According to Section 32(1) and 32(2) of the Act: - The arbitral proceedings shall terminate with the final arbitral award.
- Additionally, the arbitral tribunal may issue an order for termination if: - The claimant withdraws his claim (unless the respondent objects), or - The parties mutually agree to terminate the proceedings, or - The tribunal finds continuation of the proceedings unnecessary or impossible.
Thus, all of the following are valid situations of termination: - (A) When the final award is made.
- (B) When the tribunal issues an order for termination.
- (C) When parties agree to terminate proceedings by consent.
Since each of these conditions is covered under Section 32, the correct answer is (D) All of the above.
Step 3: Final Answer.
Arbitral proceedings terminate upon the final award, by an order of the tribunal, or when the parties agree to terminate. Hence, the correct answer is (D).