New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Conciliation involves communication between parties and

    conciliator which:
    A Has to be kept confidential. Correct Answer Incorrect Answer
    B Has to be cultured. Correct Answer Incorrect Answer
    C Needs unbiased approach Correct Answer Incorrect Answer
    D Needs to be restricted at times. Correct Answer Incorrect Answer
    E None of the above. Correct Answer Incorrect Answer

    Solution

    Arbitration & Conciliation Act, 1996 S. 75. Confidentiality.—Notwithstanding anything contained in any other law for the time being in force, the conciliator and the parties shall keep confidential all matters relating to the conciliation proceedings. Confidentiality shall extend also to the settlement agreement, except where its disclosure is necessary for purposes of implementation and enforcement.

    Practice Next