What happens if both parties do not agree to conciliation or arbitration?

If both parties do not agree to conciliation or arbitration, further options are available. Firstly, it is essential to attempt informal discussions to find a mutually beneficial resolution. If this fails, you can consider alternative dispute resolution methods, such as mediation or negotiation. These processes involve a neutral third party facilitating communication to help reach an agreement. If these attempts are ineffective or unsuitable, pursuing a legal route can be explored. You may seek legal advice and take the matter to court, where a judge will make a binding decision. However, court proceedings can be costly and time-consuming. It is advisable to explore all other options before resorting to litigation.