Question

The Arbitral Tribunal shall issue an order for termination of the arbitral proceedings where:

• A. 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
• C. arbitral Tribunal finals that the combination of the proceedings has for any other reason become unnecessary or impossible
• D. All the above

Answer 1

The correct option is D All the above

Under section 32 of the act, the arbitral proceeding shall be terminated by the final arbitral award or by all order of the arbitral tribunal. The arbitral tribunal shall issue an order for the termination of the arbitral proceedings where-

(a) The claimant withdraws his claim unless the respondent objects to the order and the arbitral tribunal recognizes a legitimate interest on his part in obtaining a final settlement of the dispute,

(b) The parties agree on the termination of the proceedings as, or

(c) The arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible.

Hence, D is the correct option.