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Calcutta High Court Refuses to Enforce Mediated Settlement as Arbitral Award Under Arbitration Act, Finding Lack of Finality and Active Disputes: “The Settlement Document Did Not Reflect Concluded Agreement, Parties Must Proceed with Arbitration”
Court’s Decision: The Calcutta High Court dismissed the execution petition filed under Section 36 of the Arbitration and Conciliation Act, 1996, seeking enforcement of a mediated settlement agreement dated 10…
