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Section 62 of Arbitration and Conciliation Act, 1996
Section 62 of Arbitration and Conciliation Act, 1996 deals with 'Commencement of conciliation proceedings'.
From the Act
(1) The party initiating conciliation shall send to the other party a written invitation to conciliate under this Part, briefly identifying the subject of the dispute.
(2) Conciliation proceedings shall commence when the other party accepts in writing the invitation to conciliate.
(3) If the other party rejects the invitation, there will be no conciliation proceedings.
(4) If the party initiating conciliation does not receive a reply within thirty days from the date on which he sends the invitation, or within such other period of time as specified in the invitation, he may elect to treat this as a rejection of the invitation to conciliate and if he so elects, he shall inform in writing the other party accordingly.
Related Cases / Recent Cases / Case Laws
Related Sections from the Act
- Section 61: Application and scope
- Section 63: Number of conciliators
- Section 64: Appointment of conciliators
- Section 65: Submission of statements to conciliator
- Arbitration Act, 1940
- United Nations Commission on International Trade Law
- Indian Contract Act, 1872
- Limited Liability Partnership Act, 2008
- Companies Act, 1956
- Code of Civil Procedure, 1908
- Code of Criminal Procedure, 1973