Kanishka Reddy 27 December 2022
sahithi reddy 31 December 2022
A written arbitral award must be made and signed by the arbitral tribunal members, according to Section 31 of the Arbitration and Conciliation Act of 1996 (the Arbitration Act). Section 31(2) makes it clear that in cases involving several arbitrators, the majority of the arbitral tribunal members' signatures are adequate as long as the explanation for any missing signatures is indicated. A signed copy of the award must be given to each party after it is created.
Additionally, Section 31 states that unless the parties have agreed that no justification should be provided or the award is an arbitral award on agreed conditions as defined in Section 30, the arbitral award must identify the grounds upon which it is based (Settlement).
In addition, the award must include the time and location of the arbitration, which must be established in accordance with section 20 (Place of Arbitration), and the award must be deemed to have been issued there.