Where Invitation for Conciliation. has been furnished, the Parties shall attempt to settle such dispute(s) amicably under Part-III of the Indian Arbitration and Conciliation Act, 1996 and XXXX (India) Limited Conciliation Rules, 2010. It would be only after exhausting the option of Conciliation as an Alternate Dispute Resolution Mechanism that the Parties hereto shall go for Arbitration. For the purpose of this clause, the option of „Conciliation‟ shall be deemed to have been exhausted, even in case of rejection of „Conciliation‟ by any of the Parties.
Appears in 5 contracts
Samples: Joint Venture Agreement, Joint Venture Agreement, Bid Document
Where Invitation for Conciliation. has been furnished, the Parties shall attempt to settle such dispute(s) amicably under Part-III of the Indian Arbitration and Conciliation Act, 1996 and XXXX (India) Limited Conciliation Rules, 2010. It would be only after exhausting the option of Conciliation as an Alternate Dispute Resolution Mechanism that the Parties hereto shall go for Arbitration. For the purpose of this clause, the option of „Conciliation‟ ‘Conciliation’ shall be deemed to have been exhausted, even in case of rejection of „Conciliation‟ ‘Conciliation’ by any of the Parties.
Appears in 4 contracts
Samples: Joint Venture Agreement, Service Contract, Annual Maintenance Contract
Where Invitation for Conciliation. has been furnished, the Parties shall attempt to settle such dispute(s) amicably under Part-III of the Indian Arbitration and Conciliation Act, 1996 and XXXX (India) Limited Conciliation Rules, 2010. It would be only after exhausting the option of Conciliation as an Alternate Dispute Resolution Mechanism that the Parties hereto shall go for Arbitration. For the purpose of this clause, the option of „Conciliation‟ ‗Conciliation‘ shall be deemed to have been exhausted, even in case of rejection of „Conciliation‟ ‗Conciliation‘ by any of the Parties.
Appears in 2 contracts
Samples: Joint Venture Agreement, Bid Document
Where Invitation for Conciliation. has been furnished, the Parties shall attempt to settle such dispute(s) amicably under Part-III of the Indian Arbitration and Conciliation Act, 1996 and XXXX (India) Limited Conciliation Rules, 2010. It would be only after exhausting the option of Conciliation as an Alternate Dispute Resolution Mechanism that the Parties hereto shall go for Arbitration. For the purpose of this clause, the option of „Conciliation‟ shall be deemed to have been exhausted, even in case of rejection of „Conciliation‟ by any of the Parties.
Appears in 1 contract
Samples: Joint Venture Agreement
