Can the Arbitrator encourage settlement of the disputes or may use mediation, conciliation or other procedures during the proceedings of Arbitration ?

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Yes, he can do so and it is not incompatible with an Arbitration agreement. If the matter is settled and if requested by the parties and not objected to by the Arbitral Tribunal, record the settlement in the form of an award on agreed terms. An award on agreed terms shall be made in accordance… Read more »