Settlement Agreement.
22. (a) Where an agreement is reached between the parties in regard to all the issues in the suit or proceeding or some of the issues, the same shall be reduced to writing and signed by the parties. If any counsel has represented the parties, the conciliator/mediator may also obtain his signature on the settlement agreement.
(b) The agreement of the parties so signed shall be submitted to the mediator/conciliator who shall, with a covering letter signed by him, forward the same to the Central Government or the Tribunal or the Appellate Tribunal.
(c) Where no agreement is arrived at between the parties, before the time limit stated in rule 28.16 or where, the mediator/conciliator is of the view that no settlement is possible, he shall report the same to the Central Government or the Tribunal or the Appellate Tribunal in writing. |