State Act
47
Section 47. Status and effect of settlement agreement.
The Telangana Infrastructure Development Enabling Act, 2001.
Act no. 36 of 20012001In forceTelangana (State Act)
47. The settlement agreement shall have the same status and effect as if it is an arbitral award on agreed terms on the substance of the dispute rendered by an Arbitral Tribunal under section 30 of the Arbitration and Conciliation Act, 1996 or its amendment or re-enactment as the case may be.