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In an arbitration, the arbitral tribunal shall decide the dispute submitted to arbitration in accordance with:

In an arbitration, the arbitral tribunal shall decide the dispute submitted to arbitration in accordance with: Correct Answer The substantive law for the time being in force in India

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Consider the following statements.
(1) The Arbitral Tribunal cannot rule on its own jurisdiction.
(2) Oral arbitration agreement is enforceable.
(3) The parties may choose med-arb as the procedure for settlement of their dispute.
(4) There must be a pre-existing written agreement of arbitration for dispute settlement by arbitration.
Which of the above statements is/are correct?
Under which of the following situations, the appellate tribunal can rectify the mistake in the order passed by it Under Section 254 (2) of Income Tax Act?
1. If subsequent decision of the Supreme Court/High Court is available on the subject after the appellate tribunal's order.
2. If an assessee apply for rectification of the tribunal's order by raising fresh grounds before the tribunal.
3. If the omission or mistake is on the part of appellate tribunal.
4. If the order is passed by the appellate tribunal under an erroneous impression of fact or law.
Select the correct answer:
Which of the following is correct in context of Employee's Provident Funds Appellate Tribunal?
1. Tribunal shall consist of one person only to be appointed by the Central Govemment.
2. A person shall not be qualified for appointment as a Presiding Officer of a Tribunal unless he is or has been or is qualified to be a Judge of a High Court or a District Judge.
3. The Presiding Officer of a Tribunal shall hold office for a term of five years.
In a suit for specific performance of an Agreement of Sale of immovable property the defendant along with his written statement files an application under Section 8 of the Arbitration & Conciliation Act for referring the parties to arbitration in accordance with arbitration clause contained in the Agreement to Sell. The plaintiff admits the existence of the arbitration clause as well as that the subject matter of suit is subject matter of such arbitration clause. The Court shall:
A Hindu wife files a petition against her husband for dissolution of marriage by a decree of divorce. Immediately after service of summons of the petition and before the filing of written statement the defendant files an application under Section 8 of the Arbitration & Conciliation Act for reference to arbitration in accordance with the arbitration clause in a Settlement Agreement signed by the parties when on an earlier occasion police complaints were made against each other. The wife admits the Arbitration Agreement which encompasses all disputes and differences of any kind between the parties. The Court shall:
A' has let out his property at Delhi to 'B' at a rent of Rs. 3000/- per month on the terms and conditions contained in a registered lease dead. The lease deed provided for arbitration of all disputes between the parties. 'B' fails to vacate the property inspite of expiry of period of lease of two years. 'A' initiates arbitral proceedings under the Arbitration and Conciliation Act, 1996 in accordance with an arbitration clause in the lease deed seeking eviction/ejectment of 'B' from the property
Which of the following are included in the original jurisdiction of the Supreme Court? 1. A dispute between the Government of India and one or more States 2. A dispute regarding elections to either House of the Parliament or that of Legislature of a State 3. A dispute between the Government of India and a Union Territory 4. A dispute between two or more States Select the correct answer using the codes given below:  
Consider the following statements:
1. The Supreme Court has original jurisdiction in any dispute between the Government of India and one or more States.
2. The Supreme Court has original jurisdiction in any dispute between the Government of India and any State or States on one side and one or more other State on the other.
3. The Supreme Court has original jurisdiction in any dispute between the Government of India and any corporation of Individual one side and one or more States on the other.
4. The Supreme Court has original jurisdiction in any dispute between two or more States.
Which of these statements are correct?
The Arbitral Tribunal shall issue an order for termination of the arbitral proceedings where:
In a pending arbitration case, the arbitral tribunal passed an order of interim injunction under Section 17 of the Arbitration and Conciliation Act, 1996 restraining encashment of a Bank Guarantee. The aggrieved party has the iollowing remedies