Indian Polity · Polity
Under the UNCITRAL Model Law on International Commercial Arbitration, recourse against an arbitral award (setting aside) may be granted if:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The arbitrators were not citizens of the state where arbitration was held
- 2The claimant did not suffer any financial loss during the contract period
- 3The award creates undue financial hardship on the losing party
- 4The composition of the arbitral tribunal was not in accordance with the agreement of the parties✓
Correct answer
The composition of the arbitral tribunal was not in accordance with the agreement of the parties
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