The arbitral tribunal may by order terminate the arbitral proceedings _______________.
A
when parties have mutually agreed to seek termination of arbitral proceedings
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B
when the claimant withdraws his disputed case and which is not objected by the respondent
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C
when the arbitral Tribunal thinks it is impossible to continue proceedings
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D
all of the above
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Solution
The correct option is D all of the above The arbitral tribunal can order to terminate the arbitral on the circumstances specified under section 32 of the Act. These include:
(a) the claimant withdraws his claim, unless the respondent objects to the order and the arbitral tribunal recognises a legitimate interest on his part in obtaining a final settlement of the dispute,
(b) the parties agree on the termination of the proceedings, or
(c) the arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible.