MSME Council Cannot Pass Award On Account Of Failure Of Conciliation Proceedings, Has To Refer Matter To Arbitration: Karnataka High Court

In an important judgment, the Karnataka High Court has ruled that the Micro and Small Enterprises Facilitation Council (MSEFC) cannot pass an award on a matter after conciliation proceedings have failed, unless the matter is either taken up for arbitration by the Council itself or referred to an arbitration institution. The court made this decision while allowing a petition filed by M/s Enmas GB Power Systems Projects Ltd., challenging the…