Law · Arbitration and Conciliation Act, 1996
Which of the following would NOT constitute a valid and enforceable 'arbitration agreement' under Section 7 of the Arbitration and Conciliation Act, 1996?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An arbitration agreement contained in an exchange of letters, telex, telegrams or other means of telecommunication which provide a record of the agreement
- 2An exchange of statements of claim and defence in which the existence of the agreement is alleged by one party and not denied by the other
- 3A document containing an arbitration clause signed by the parties or exchanged through verified electronic communication providing a record
- 4An agreement that merely specifies the parties will look into the possibility of arbitration and requires fresh mutual consent to refer a dispute to arbitration✓
Correct answer
An agreement that merely specifies the parties will look into the possibility of arbitration and requires fresh mutual consent to refer a dispute to arbitration
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