MSME Council Cannot Pass Award On Account Of Failure Of Conciliation Proceedings, Has To Refer Matter To Arbitration: Karnataka HC

The Delhi High Court ruled that a council cannot pass an award on account of the failure of conciliation proceedings but must refer it for arbitration. This decision clarifies the procedural steps in arbitration. It emphasizes that failed conciliation leads to arbitration. The ruling underscores the importance of adhering to procedural rules. This order provides clarity on the arbitration process.