Section 62 of ACA : Section 62: Commencement Of Conciliation Proceedings
ACA
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Explanation using Example
Imagine that Company A and Company B have a dispute over the quality of goods supplied under a contract. Company A, wishing to resolve the dispute without going to court, sends Company B a written invitation to engage in conciliation, mentioning the issue with the supplied goods.
Company B receives the invitation and is interested in an amicable settlement. They send a written acceptance back to Company A. With this ac...
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