Question
The conciliator may, at any stage of the conciliation
proceedings, make proposals for a settlement of the dispute. Such proposals ____Solution
As per s.67 of Arbitraition & Conciliation Act, 1996 Role of conciliator - (1) The conciliator shall assist the parties in an independent and impartial manner in their attempt to reach an amicable settlement of their dispute. (2) The conciliator shall be guided by principles of objectivity, fairness and justice, giving consideration to, among other things, the rights and obligations of the parties, the usages of the trade concerned and the circumstances surrounding the dispute, including any previous business practices between the parties. (3) The conciliator may conduct the conciliation proceedings in such a manner as he considers appropriate, taking into account the circumstances of the case, the wishes the parties may express, including any request by a party that the conciliator hear oral statements, and the need for a speedy settlement of the dispute. (4) The conciliator may, at any stage of the conciliation proceedings, make proposals for a settlement of the dispute. Such proposals need not be in writing and need not be accompanied by a statement of the reasons therefor.
A standing agreement between insurers and reinsurers. Under a treaty each party automatically accepts a specific percentage of the insurer’s business ...
What is the liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the ...
The first private health insurance company in India was:
What is called when insurance contract comes into existence when one party makes an offer or proposal of a contract and the other party accepts the prop...
How many public sector life insurance companies are functional in India?
Which among the following is the oldest existing insurance company in India?
Which of the following is insurable?
A survey which is held to determine a properties insurable value is known as?
Identify the scenario where a debate on the need for insurance is not required.Â
The maximum foreign direct investment (FDI) allowed in Indian insurance companies is: