Start learning 50% faster. Sign in now
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.
The profit earned by selling an article for Rs. 9,200 is 3/4th the loss incurred on selling the same article for Rs. 6,000. Find the selling price of th...
'S' purchased two bags of rice for a total of Rs. 2,000. He sold one of the bags at a profit of 32%, and the other at a loss of 12%. If the overall prof...
Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% wh...
The ratio of the cost price and marked price of an article is 5:9, respectively. The article is sold after giving a discount of Rs. 900 such that there ...
When Anil increases the selling price of a product from Rs. 250 to Rs. 275, his profit increases by 10%. What is the cost price of the product?
The marked price of a smartphone is Rs. 8,400, and the profit earned from its sale is Rs. 1,200. If the ratio of the cost price to the selling price of ...
A marked an article 60% above its cost price and when he allows ‘X’% discount, he makes a profit of ________% and when he allows ‘1.5X’% discoun...
What was the cost price of an item that a shopkeeper sold at a 20% discount after initially marking it up by 60%, resulting in a profit of Rs. 126?