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CBSE Questions for Class 12 Commerce Legal Studies Arbitration,Tribunal Adjudication And Alternate Dispute Resolution Quiz 7 - MCQExams.com
CBSE
Class 12 Commerce Legal Studies
Arbitration,Tribunal Adjudication And Alternate Dispute Resolution
Quiz 7
Conciliation is governed by _____________ of Civil Procedure Code.
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Section 21
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Section 40
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Section 89
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Section 63
Explanation
Section 89 of the Code of Civil Procedure, 1908 embodies the
legislative mandate to the court to refer sub judice disputes to various ADR
mechanisms enunciated therein where it finds it appropriate to do so, in order
to enable the parties to finally resolve their pending cases through well
established dispute resolution methods other than litigation. It states that
where it appears to the
Court that there exist elements of a settlement which may be acceptable to
the parties, the Court shall formulate the terms of settlement and give them to
the parties for their observations and after receiving the observations of the
parties, the Court may re-formulate the terms of a possible settlement and
refer the same for-
(a) arbitration;
(b) conciliation;
(c) judicial settlement including settlement through Lok Adalat; or
(d) mediation.
A provision for conciliation was inserted in Civil Procedure Code in the year _____________.
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2000
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2010
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1998
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2002
Explanation
Section 89 of the Code of Civil Procedure, 1908 embodies the legislative mandate to the court to refer sub judice disputes to various ADR mechanisms enunciated therein where it finds it appropriate to do so, in order to enable the parties to finally resolve their pending cases through well established dispute resolution methods other than litigation. The provision for conciliation was added to the CPC after amendment in the year 2002.
What is the meaning of Lokyukta ?
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People's voice
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Person appointed by people
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People's caretaker
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None of these
Explanation
The Lokayukta is an anti-corruption ombudsman organization in the Indian states. Once appointed, Lokayukta can not be dismissed nor transferred by the government, and can only be removed by passing an impeachment motion by the state assembly. The term Lokayukta comes from a Sanskrit term which means "appointed by the people".
Lokpal shall not inquire into any matter involved in or arising out of any such allegation against any member of Parliament in respect of any vote given by him'her in the Parliament.
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True
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False
Explanation
As per section 14 (2) in The Lokpal and Lokayuktas Act, 2013, the Lokpal shall not inquire into
any matter involved in, or arising from, or connected with, any such allegation of corruption
against any Member of either House of Parliament in respect of anything said or a vote given by
him in Parliament or any committee thereof covered under the provisions contained in clause (2)
of Article 105 of the Constitution.
Hence, the above statement is true.
What are the conditions for filing an application for settlement?
Filing of the returns, if the same is not waived by the settlement commission
Receipt of SCN or Appeal pending before the FAA
Additional adm
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i, ii & iii
0%
i, ii & iv
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ii, iii & iv
0%
i, ii, iii & iv
The provisions of $$1996$$ Act have to be interpreted being uninfluenced by principles under $$1940$$ Act. This observation was laid down in ______________.
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M.M.T.C. Ltd. v. Sterlite Industries(India) Ltd, AIR $$1997$$ SC $$605$$
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Sundamm Finance Ltd. v. N.E.P.C. India Ltd., AIR $$1999$$ SC $$565$$
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Olympus Super Structures Pvt. Ltd. v. Meemz Vijay Khetan, AIR $$1999$$ SC $$2102$$.
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Orma Impex Pvt. Ltd. v. Nissuri Arb. Pte. Ltd., AIR $$1999$$ SC $$2871$$.
Explanation
In Sundaram Finance Limited v. NEPC India Limited, the Apex Court has held that while considering the provisions of the Arbitration and Conciliation Act, 1996 the provisions must be construed independently of any reference to the 1940 Act which may actually lead to misconstruction. In other words, the provisions of the 1996 have to be interpreted being uninfluenced by the principles underlying the 1940 Act. In order to get help in construing the provisions of the Act, it is more relevant to refer to Uncitral Model Law, rather than the 1940 Act.
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