The commencement of conciliation is based entirely on mutual consent and follows a specific "Invitation and Acceptance" format.
According to Section 62 of the Arbitration and Conciliation Act, 1996, the proceedings commence when:
The party initiating conciliation sends a written invitation to the other party, briefly identifying the subject of the dispute.
The other party accepts the invitation in writing.
If the other party rejects the invitation, or if the initiating party does not receive a reply within thirty days (or the period specified in the invitation), the proceedings do not commence, and the invitation is treated as rejected.
How are your preparations going for the LLB exams? Would you like me to elaborate further on the 2021 amendments regarding the unconditional stay of awards?
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