NOTIFICATION

ARBITRATION OF DISPUTES

48. The arbitration of disputes and difference between the licensees and utilities under the Act may be commenced by the Commission either on the application of the licensees or utilities concerned.

49. Upon receiving the application under clause 48 of these Regulations, the Commission shall issue notice to the other parties to the dispute and other persons as the Commission considers appropriate. On appearance, if the parties seek the settlement of their dispute through arbitration, the parties shall be so referred to get their dispute settled through arbitration and would thereafter be governed by the provisions of the Arbitration and conciliation Act, 1996.

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