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Issuance Of Notice Under Section 21 Of The A&C Act, 1996: Mandatory Or Merely A Procedural Formality?
‘Alternative Dispute Resolution’ (ADR) mechanisms are adopted by parties for speedy and cost-efficient resolution of dispute. ‘Arbitration’ is one of the ADR mechanisms, which is based on the principle of ‘Party Autonomy’, a well-recognized principle by ‘The Arbitration and Conciliation Act, 1996’, (‘the 1996 Act’).
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