During the arbitral proceedings the arbitral tribunal ___________.
A
can make interim award
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B
may require a party to provide appropriate security
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C
both (a) and (b)
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D
either (a) or (b)
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Solution
The correct option is B both (a) and (b) Under Arbitration and Conciliation Act, 1996
Section 17: interim measures ordered by arbitral tribunal.
Unless otherwise agreed by the parties, the arbitral tribunal may, at the request of a party, order a party to take any interim measure of protection as the arbitral tribunal may consider necessary in the respect of the subject matter of the dispute.
The arbitral tribunal may require a party to provide appropriate security in connection with a measure ordered under sub-section (1).