Negotiation Period Can Pause Arbitration Limit Timeline if Fully Documented Under 1996 Act.

Arbitration Proceedings - Period of limitation - The period during which the parties were bona fide negotiating towards an amicable settlement may be excluded for the purpose of computing the period of limitation for reference to arbitration under the 1996 Act. However, in such cases the entire negotiation history between the parties must be specifically pleaded and placed on the record. - SC .....

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