Amendment status not verified — confirm the current text below against the official source.
(1) The parties shall not initiate during the conciliation proceedings any arbitral or judicial proceedings in respect of any dispute, claim or difference i.e. the subject matter of the conciliation proceedings. (2) Notwithstanding the provisions of sub-section (1) herein the party may initiate arbitral or judicial proceedings, where, in his opinion, such proceedings are necessary for preserving his rights during the conciliation proceedings. Status and effect of settlement agreement. Central Act 26 of 1996. Termination of conciliation proceedings. Resort to Arbitral or Judicial Proceedings. 32 [Act No.36 of 2001]