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A Conciliation process of getting parties to come to an agreement about a common dispute through confidential discussions and dialogues.

In India, Conciliation is governed by Arbitration & conciliation Act 1996 and by Section 89 of Code of Civil Procedure, 1908. Any dispute arising out of a legal relationship, whether contractual or not, can be conciliated.

Features:

  • Voluntary: It implies that all the parties have to agree in order to conciliate the dispute.
  • Non-Adversarial: The resolution of the conciliation is a Win-Win situation for all the parties.
  • Assisted Procedure: The procedure is crafted in such a way that it is most suited as per parties’ convenience.
  • Finality of Settlement: The resolution of conciliation is final and binding and can be further adjudicated in court at per discretion of the parties involved.
  • Confidentiality

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