https://www.taxtmi.com/caselaws?id=308711 Section 18 of the Micro, Small and Medium Enterprises Development Act, 2006 creates a self-contained dispute resolution mechanism: once a party invokes the statutory reference and participates in conciliation before the Facilitation Council, the dispute must proceed through the Act's statutory arbitration route if conciliation fails. The Arbitration and Conciliation Act, 1996 applies to that arbitration as if there were an arbitration agreement. An independent contractual arbitration clause does not displace this statutory sequence after the Act is invoked, so the objection based on the contract clause was rejected and the statutory reference for arbitration was treated as valid. en-us Fri, 08 Feb 2019 00:00:00 +0530 Fri, 14 Jul 2023 12:07:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308711 Section 18 of the Micro, Small and Medium Enterprises Development Act, 2006 creates a self-contained dispute resolution mechanism: once a party invokes the statutory reference and participates in conciliation before the Facilitation Council, the dispute must proceed through the Act's statutory arbitration route if conciliation fails. The Arbitration and Conciliation Act, 1996 applies to that arbitration as if there were an arbitration agreement. An independent contractual arbitration clause does not displace this statutory sequence after the Act is invoked, so the objection based on the contract clause was rejected and the statutory reference for arbitration was treated as valid. Case-Laws Indian Laws Fri, 08 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308711