Delhi Judicial Services 2006

An arbitration agreement means an agreement by the parties to submit to arbitration disputes b/w them which may be

Verified Answer
A. A separate agreement in writing
B. A document signed by the parties in exchange of letters
C. An arbitration clause in a contract
D. All the above

Explanation:

Section 7 of the Arbitration and Conciliation Act, 1996, defines an arbitration agreement. It states that an arbitration agreement may be in the form of an arbitration clause in a contract or in the form of a separate agreement. Furthermore, it requires the agreement to be in writing, which can be evidenced by a document signed by the parties, an exchange of letters, telex, telegrams or other means of telecommunication, or an exchange of statements of claim and defence. Therefore, all the options (A), (B), and (C) describe valid forms of an arbitration agreement.