The award made by the Lok Adalat is deemed to be a decree of the civil court like arbitration Award.

Related MCQs

• Lok Adalats have been given the powers of a civil court under the Code Civil Procedure.
• In Shakuntla Sawhney v. Kaushalaya Sawhney,[(1979) 3 SCR 232]the Supreme Court has observed that “Finest hour of justice is the hour of compromise when parties after burying the hatchet, re-unite by a reasonable and just compromise” Whether this principle has been reflected in the ADR procedures mentioned in the Arbitration and Conciliation Act 1996?
• ADR techniques include arbitration, conciliation, mediation and negotiation.
• Arbitration can be ad-hoc, contractual, institutional or statutory.
• In a contractual arbitration the jurisdiction of courts can be completely ousted under 1996 Act.
• Section 75 of the Arbitration and Conciliation Act 1996 specifically provides for the confidentiality of all matters relating to the proceedings.
• The written instructions given by the customers to banker to perform the services like collection and payment of money is noted down in
• The written instructions given by the customers to banker to perform the services like collection and payment of money is noted down in
• When financial institutions and banks undertake activities related to banking like investment, issue of debit and credit card etc then it is known as _____________________.
• The Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed ___% of the cheque amount?