Rule - 16, The Companies (Mediation and Conciliation) Rules, 2016
Rule - 16, The Companies (Mediation and Conciliation) Rules, 2016
Offer of settlement by parties
(1) Any party to the proceeding may, “without prejudice” offer a settlement to the other party at any stage of the proceedings, with a notice to the mediator or conciliator.
(2) Any party to the proceeding may make a, “with prejudice” offer to the other party at any stage of the proceedings with a notice to the mediator or conciliator.
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