https://www.taxtmi.com/article/detailed?id=10704 A Facilitation Council under the MSMED Act has no statutory power to review or reopen its own concluded award; where conciliation fails the Council either arbitrates or refers the dispute, and the decision reached constitutes an award which must be challenged by appropriate external proceedings. Reopening an earlier rejection by administrative pressure or belated representations is without authority and is incompatible with the Act's conciliation then arbitration scheme and the requirement of finality for awards. en-us Wed, 21 Sep 2022 10:45:07 +0530 Wed, 21 Sep 2022 10:45:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10704 A Facilitation Council under the MSMED Act has no statutory power to review or reopen its own concluded award; where conciliation fails the Council either arbitrates or refers the dispute, and the decision reached constitutes an award which must be challenged by appropriate external proceedings. Reopening an earlier rejection by administrative pressure or belated representations is without authority and is incompatible with the Act's conciliation then arbitration scheme and the requirement of finality for awards. Articles Other Topics Wed, 21 Sep 2022 10:45:07 +0530 https://www.taxtmi.com/article/detailed?id=10704