Chapter-6 Miscellaneous

Section 40: Parties May Compromise

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In case the parties to a dispute that has been referred for arbitration under this Act desire to reach a compromise, they may submit an application to the arbitrator explicitly mentioning the conditions under which they wish to do so. The arbitrator shall approve the application so filed, and no appeal may be filed against such award except on issues concerning actions not taken according to the condition for compromise.

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Section 40: Parties May Compromise

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