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What is Conciliation: Definition, Features & Types about?

Conciliation is a voluntary and confidential alternative dispute resolution method where a neutral third party assists disputing parties in reaching a settlement without imposing a binding decision. It features flexibility, neutrality, and legal recognition, and can take various forms, including voluntary, court-annexed, statutory, private, and international conciliation. The process is governed by the Arbitration and Conciliation Act, 1996 in India, which outlines the roles, procedures, and legal status of

Author

sanika point

Language

EN