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What is Termination of Arbitration Proceedings about?

Section 32 of the Arbitration and Conciliation Act, 1996 outlines the conditions under which arbitration proceedings can be terminated, including the issuance of a final award, mutual settlement between parties, or inability to continue. It emphasizes efficient arbitration by providing clear guidelines for termination while also allowing for reopening under certain circumstances. Despite its advantages, Section 32 faces challenges such as potential overuse of termination and complications in multi-party arb

Author

ary1pgi

Language

EN