Question

Concept of mediation

26 Oct 2022
Answer :
Word Count : 370

Mediation is a widely practiced method of out of court dispute settlement. It is becoming a favoured dispute resolution mechanism across the world. In mediation, a neutral professional trained in conflict de-escalation designs a process of assisted negotiation between parties ensuring effective dialogue and solution focused discussions. The parties mutually agree on the terms of settlement and mode of enforcement. The terms of settlement may be recorded in the form of an arbitral award or conciliation settlement with the assistance of the CMC to make it enforceable like a court decree.

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