Arbitration and Conciliation Act : Termination of conciliation proceedings. Indian Bare Acts :

Arbitration and Conciliation Act,1996

Act No : 26

Section : Termination of conciliation proceedings.

76. Termination of conciliation proceedings. The conciliation proceedings shall be terminated- (a) by the signing of the settlement agreement by the parties, on the date of the agreement; or (b) by a written declaration of the conciliator, after consultation with the parties, to the effect that further efforts at conciliation are no longer justified, on the date of the declaration; or (c) by a written declaration of the parties addressed to the conciliator to the effect that the conciliation proceedings are terminated, on the date of the declaration; or (d) by a written declaration of a party to the other party and the conciliator, if appointed, to the effect that the conciliation proceedings am terminated, on the date of the declaration. 26