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Under which body was the three-member arbitral tribunal in the Chittorgarh-Udaipur case constituted?

  1. A.Society for Affordable Redressal of Disputes (SAROD)
  2. B.Indian Council of Arbitration
  3. C.International Centre for Alternative Dispute Resolution
  4. D.National Company Law Tribunal

Correct answer

A. Society for Affordable Redressal of Disputes (SAROD)

Explanation

The correct answer is the Society for Affordable Redressal of Disputes (SAROD). The tribunal that examined the claims and counter-claims flowing from the concession agreement for the Chittorgarh-Udaipur six-laning project was constituted under SAROD and had three members. It rejected claims of Rs 366.53 crore raised by the concessionaire, refused the prolongation cost claim of Rs 238.18 crore that had been tied to the COVID-19 period, allowed claims of only Rs 14.51 crore with a conditional refund of Rs 2.82 crore, and awarded NHAI Rs 33.54 crore as principal on its counter-claims. Option B, the Indian Council of Arbitration, option C, the International Centre for Alternative Dispute Resolution, and option D, the National Company Law Tribunal, are all real institutions, which makes them plausible, but none of them constituted this tribunal.

Read the full article: NHAI Wins Chittorgarh-Udaipur NH-76 Arbitration Case

Q5.NationalMedium

The Shilp Samagam Mela 2026 is being held at which venue?

  1. A.Bharat Mandapam, New Delhi
  2. B.Mysuru Dasara Exhibition Grounds, Karnataka
  3. C.Dilli Haat, New Delhi
  4. D.Surajkund, Haryana
Show answer
Correct answer: B. Mysuru Dasara Exhibition Grounds, Karnataka

The correct answer is the Mysuru Dasara Exhibition Grounds in Karnataka, where the nine day fair began on the eleventh of October and will close on the nineteenth.