NISM Series XIII Common Derivatives Certification Exam Notes
Page 202 Of 303
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A neutral conciliator tries to resolve disputes within 21 days.
If conciliation fails, online arbitration may follow.
For market participants to initiate arbitration, they must deposit the claim amount.
Arbitration must conclude with an award within 30 days.
Disputes above ₹30 lakh require a three-member tribunal.
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