Defined Legal Relationship under The Arbitration and Conciliation Act,1996.

Dear Sir,

It means by way of an agreement if the parties have agreed to do or not to do certain acts whether contractual or not and in the same agreement they have agreed to get their dispute resolved through the mechanism of Arbitration & Conciliation Act, 1996.    The dictionary meaning of the legal relationship says and suggest a valid and permissible relationship amongst the parties/jurisdic person.

I hope this clarifies your query, Sir.

Best Regards

Daksh