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CA Magazines & Editorials
14 May 2024
Chief Justice of India, Justice DY Chandrachud, emphasizes the importance of mediation over litigation, aligning with the Mediation Act 2023, which aims to revolutionize alternative dispute resolution in India.
| Relevance For Prelims: The Indian Judiciary, Mediation Bill 2023, Mediation Act 2023, State Of The Judiciary Report, RBI’s Stringent Norms On Wilful Defaulters, and India’s Banking Sector And Monetary Policy.
Relevance For Mains: Alternate Dispute resolution, Issues with mediation Act 2023. |
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The Mediation Act 2023, formalizes mediation and introduces various forms, including pre-litigation and court-annexed mediation, to facilitate amicable settlements through neutral mediators.
Raising awareness and advocating for the advantages of mediation among both the general public and within the legal community has the potential to alter perceptions, moving away from litigation and towards the embrace of amicable dispute resolution.
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