n NISM Certifications
VII NISM Series VII
Medium

When do arbitrators close the arbitration reference?

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    After examining all relevant documents

  2. B

    After examining the submissions given by the parties

  3. Both of the above

    Correct answer

Why this is the answer

Arbitrators close arbitration after reviewing both the parties’ submissions and all relevant documents before issuing the award.

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NISM Series VII Mock Test 4