Issuance of notice under section 34(5) of the Arbitration and Conciliation Act, 1996 is directory in nature and not mandatory

Mini Summary:

Irrespective of whether parties governed by Arbitration and Conciliation Act, 1996 Act or Arbitration & Conciliation (Amendment) Act, 2015 issuance of prior notice under section 34(5) of the Arbitration and Conciliation Act, 1996 before filing the arbitration petition under section 34 is directory and not mandatory.

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