valid as on 21/07/2024

28.1.29: The Companies (Mediation and Conciliation) Rules, 2016

29. Resort to arbitral or judicial proceedings.

The parties shall not initiate, during the mediation or conciliation under these rules, any arbitral or judicial proceedings in respect of a matter that is subject-matter of the mediation or conciliation, except that a party may initiate arbitral or Judicial proceedings, where, in his, opinion, such proceedings are necessary for protecting his rights.

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