Mediation Act, 2023 (No. 32 of 2023, dt. 14-9-2023) | Bare Acts | Commercial Law Publications | 2024
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Introducing the Mediation Act, 2023!
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The Mediation Act, 2023 (No. 32 of 2023, dt. 14-9-2023) is a comprehensive legislation that aims to provide a fair and effective mechanism for the resolution of disputes through mediation. This act has been brought into force to streamline the mediation process and encourage parties to opt for mediation as a viable alternative to traditional litigation.
?? Here are some key features of the Mediation Act, 2023:
?? Speedy Resolution: The act emphasizes the importance of resolving disputes in a timely manner. It sets out strict timelines for mediation proceedings, ensuring that parties can reach a resolution within a reasonable period.
?? Impartial Mediators: The act promotes the appointment of impartial and trained mediators who possess the necessary skills to facilitate effective communication and negotiation between the parties involved.
?? Confidentiality: Confidentiality is a critical aspect of the mediation process, and the act recognizes this by establishing strict confidentiality provisions. All discussions, documents, and information obtained during mediation are protected and cannot be used as evidence in subsequent legal proceedings.
