Conciliation and arbitration mandated for producer company disputes, treating parties as having consented to arbitral resolution. Disputes relating to the formation, management or business of a Producer Company among members, former members, nominees, the Company, its Board, office bearers or directors shall be settled by conciliation or arbitration under the Arbitration and Conciliation Act as if parties consented in writing. 'Dispute' includes claims for debts or amounts due, surety recovery claims, Company claims for members' failure to supply produce, and member claims for refusal to take supplied goods. Questions whether a controversy falls within this scope are referable to the arbitrator whose decision is final.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Conciliation and arbitration mandated for producer company disputes, treating parties as having consented to arbitral resolution.
Disputes relating to the formation, management or business of a Producer Company among members, former members, nominees, the Company, its Board, office bearers or directors shall be settled by conciliation or arbitration under the Arbitration and Conciliation Act as if parties consented in writing. "Dispute" includes claims for debts or amounts due, surety recovery claims, Company claims for members' failure to supply produce, and member claims for refusal to take supplied goods. Questions whether a controversy falls within this scope are referable to the arbitrator whose decision is final.
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