JHARKHAND URJA VIKAS NIGAM LIMITED versus THE STATE OF RAJASTHAN & ORS.
The order dated 06.08.2012 is a nullity because the Council, after conciliation failed, did not initiate or follow arbitration proceedings in accordance with Section 18(3) of the MSMED Act and the mandatory provisions of the Arbitration and Conciliation Act, 1996; therefore the impugned order and the High Court judgment confirming it were set aside and the Council was directed to initiate arbitration or refer the dispute in accordance with the Arbitration Act.
Source excerpt
- Conciliation
- Arbitration
- Award
- Jurisdiction
- Execution
- Procedural law