Mediation council: A key missing link in commercial dispute reforms
Mint Hyderabad|December 26, 2024
Mid a growing policy push for mediation, legal practitioners have pushed for the urgent formation of a council comprising experts and policymakers to determine the rules and procedures involved in mediation.
Manas Pimpalkhare

The idea of a mediation council isn't new. While the 2015 Commercial Courts Act created designated courts to resolve commercial disputes, with mediation playing a crucial role, the 2023 Mediation Act stipulated that a Mediation Council of India (MCI) would create the rules for mediation and give mediators authority.

The government planned to set up the Mediation Council of India—crucial to improving the ease of doing business in India—by the end of the year, as Mint reported on 25 June. But while certain aspects of the MCI, such as salaries, have been notified by the government, the council hasn't been established yet.

This story is from the December 26, 2024 edition of Mint Hyderabad.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 26, 2024 edition of Mint Hyderabad.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT HYDERABADView All
Mint Hyderabad

Kick off the new year with fresh games

Despite a typical slow pace, Jan 2025 features several new game releases

time-read
1 min  |
January 08, 2025
Mint Hyderabad

A flagship to challenge most top smartphones in 2025

The vivo X200 Pro may emerge as the camera phone to beat in 2025. What else does the flagship have going for it?

time-read
3 mins  |
January 08, 2025
Mint Hyderabad

CES 2025: What Lies Ahead in Tech This Year

With more powerful computing chips, the idea of PCs compact enough to be carried around in one hand is becoming real

time-read
4 mins  |
January 08, 2025
Mint Hyderabad

Most favoured interpretations can prove unfavourable

India's stance on Switzerland's MFN status in a Nestle tax dispute has had adverse consequences

time-read
3 mins  |
January 08, 2025
Mint Hyderabad

Elon Musk and his critics are wrong about free speech on X

Both sides of this divide must read the US First Amendment again

time-read
3 mins  |
January 08, 2025
Mint Hyderabad

Monetary policy should lead the easing cycle our economy needs

Weak demand in the economy needs a response but budget tightening would mean the central bank must look for easing space

time-read
3 mins  |
January 08, 2025
Mint Hyderabad

Revision of the inflation gauge: Handle with care

India's consumer price index should be revised on the basis of the latest survey of household consumption expenditure, but with nuances of the country's situation kept well in mind

time-read
2 mins  |
January 08, 2025
Mint Hyderabad

May 2025 spell climate hope after a super-warm 2024

Let's harness the negativity bias that humans are predisposed to for measures aimed at faster climate action

time-read
3 mins  |
January 08, 2025
Mint Hyderabad

India Needs a Tad More Ambition and Resolve to Boost GDP Growth

We must focus on long-term fixes rather than near-term uncertainties for fast economic expansion

time-read
3 mins  |
January 08, 2025
Mint Hyderabad

Insights on When to Step Back From the Stock Market

The stock surge since 2020 has made it harder to convince investors to step back if needed

time-read
3 mins  |
January 08, 2025