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CS Professional · Arbitration, Mediation and Conciliation · Introduction to Conciliation and its Importance for MSMEs

In a conciliation between Iyer Packaging and Gupta Plastics, the conciliator, after consulting the parties, concludes that further efforts are no longer justified. He issues a written declaration on 12 March. When do the conciliation proceedings terminate?

The proceedings terminate on 12 March, the date of the conciliator's written declaration. The Act provides that a written declaration by the conciliator, made after consulting the parties, that further conciliation efforts are unjustified ends the proceedings on the declaration date, without court confirmation.

  1. AOn the date the parties next meet
  2. BOn 12 March, the date of the declarationCorrect
  3. CThirty days after 12 March
  4. DOnly when the Court confirms the declaration

Explanation

Under section 76(b), proceedings terminate by a written declaration of the conciliator, after consultation with the parties, that further efforts are no longer justified, on the date of the declaration. No court confirmation or waiting period is needed.

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