Conciliation and Its Legal Aspects Explained by Supreme Court
"On a reading of Section 61 of Arbitration and Conciliation Act, 1996, any conciliation between two parties brought about by following the procedure in Part III of the Act of 1996 would definitely get the status and effect of an Award under the Act of 1996 unless the parties have agreed otherwise; which agreement should be expressly for the exclusion of Part III of the Act of 1996, despite a conciliation having been proceeded with and concluded."
J. Muthurajan v. S. Vaikundarajan [2026] GCtR 117 (SC)
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