Section 71 Nigerian Arbitration and Mediation Act 2023

Section 71 Arbitration and Mediation Act 2023

Section 71 Arbitration and Mediation Act 2023 is about Suspension of limitation period. It is under Part II (Mediation) of the Act.

(1) When the mediation proceedings commence, the running of the limitation period regarding the claim that is the subject matter of the mediation is suspended.

(2) Where the mediation proceedings have terminated without a settlement agreement, the limitation period resumes running from the time or day the mediation ended without a settlement agreement.

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Section 71 Nigerian Arbitration and Mediation Act 2023

Section 71 Arbitration and Mediation Act 2023

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