Section 61 of Arbitration and Conciliation Act - Application and scope

 Section 61 Arbitration and Conciliation Act Description

(1) Save as otherwise provided by any law for the time being in force and unless the parties have otherwise agreed, this Part shall apply to conciliation of disputes arising out of legal relationship, whether contractual or not and to all proceedings relating thereto.

(2) This Part shall not apply where by virtue of any law for the time being in force certain disputes may not be submitted to conciliation.

Comments

Popular posts from this blog

INCOME TAX SECTION 32AD - Investment in new plant or machinery in notified backward areas in certain States

INCOME TAX SECTION 35D - Amortisation of certain preliminary expenses

INCOME TAX SECTION 32 - Depreciation