Arbitration and Conciliation Act, 1996 · Chapter III: Conciliation
Section 72: Suggestions by parties for settlement of dispute
In plain words
Each party can suggest terms for settling the dispute, on its own or when the conciliator invites it.
A simplified explanation, prepared with AI assistance from the official text below and checked automatically against it for numbers and cross-references. The official text is the law and prevails over this summary. Not legal advice.
Official text
Each party may, on his own initiative or at the invitation of the conciliator, submit to the conciliator suggestions for the settlement of the dispute.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 16 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 72
No Supreme Court judgment in our database cites this section yet.