State the form and contents of Arbitral award.

As per section 31(1) the Arbitration and Conciliation Act, 1996(the Act), an arbitral award shall be made in writing and shall be signed by the members of the arbitral tribunal. Section 31(2) of the Act states that for the purposes of sub-section (1), in arbitral proceedings with more than one arbitrator, the signatures of the majority of all the members of the arbitral tribunal shall be sufficient so long as the reason for any omitted signature is stated. Under Section 31 (3) of the Act, the arbitral award shall state the reasons upon which it is based, unless: the parties have agreed that no reasons are to be given, or the award is an arbitral award on agreed terms under section 30. Section 31(4) of the Act, provides that the arbitral award shall state its date and the place of arbitration as determined in accordance with section 20 and the award shall be deemed to have been made at that place. Section 31(5) of the Act says that after the arbitral award is made, a signed copy shall be delivered to each party. Under Section 31(6) of the Act, the arbitral tribunal may, at any time during the arbitral proceedings, make an interim arbitral award on any matter with respect to which it may make a final arbitral award.