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Section 74, Arbitration & Conciliation Act 1996: Status & Effect Of Settlement Agreement

Section 74 (Status and effect of settlement agreement) is under Part III (Conciliation) of the Arbitration and Conciliation Act, 1996.

The contents of the section  is reproduced hereunder:—

“The settlement agreement shall have the same status and effect as if it is an arbitral award on agreed terms on the substance of the dispute rendered by an arbitral tribunal under section 30.”




This page was last updated on 31st December, 2017.

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