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Form & Contents of Arbitral Award

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According to Section 31 of Arbitration and Conciliation Act, 1996, an Arbitral Award would be:

  • In Writing
  • Has signatures of all members of the Arbitral Tribunal
  • Speaking Order
  • Date and Place on which the Award is passed should be mentioned
  • Copies of Arbitration are to be given to the parties
  • Any Interim Award if passed
  • Settlement of Accounts and inclusion of interest
  • Costs of the Proceedings

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