“The Mediation Advantage – The Finality of Consensual Settlement” Justice Hima Kohli At The 1st IAMC India Mediation Day
1 year, 11 months ago

“The Mediation Advantage – The Finality of Consensual Settlement” Justice Hima Kohli At The 1st IAMC India Mediation Day

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On April 16, 2023, The International Arbitration & Mediation Centre, Hyderabad hosted the 1st Indian Mediation Day, which was graced by the presence Justice NV Ramana, Former Chief Justice, Supreme Court of India, Justice Hima Kohli, Judge, Supreme Court of India, Justice L. Nageswara Rao, Former Judge, Supreme Court of India, Justice RV Raveendran, Former Judge, Supreme Court. On April 16, 2023, The International Arbitration & Mediation Centre, Hyderabad hosted the 1st Indian Mediation Day, which was graced by the presence Justice NV Ramana, Former Chief Justice, Supreme Court of India, Justice Hima Kohli, Judge, Supreme Court of India, Justice L. Nageswara Rao, Former Judge, Supreme Court of India, Justice RV Raveendran, Former Judge, Supreme Court of India, Mr. George Lim, Senior Counsel, Chairperson of SIMC, Mr. Wee Meng Chuan, CEO, SIMC, Mr. Gregory Vijayendran, Senior Counsel, Partner, Rajah & Tann, Mr. AJ Jawad, Advocate & Mediator, Mr. JP Sengh, Senior Advocate & Mediator, Ms. Ekta Bahl and Ms. Poornima Hatti, Partners, Samvad Partners. Presently, the Bill stands referred to the Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice, for discussion.” The Bill has the benefits of a fixed timeline for resolving disputes, proposal to establish Indian Mediation Council and Recognised Mediation Serviced Providers, proposal to make mediation agreements binding once it is signed, limited scope of challenge to the mediation agreements, confidentiality clause on information exchange, impartiality and independence of the accredited and trained mediators to conduct the mediation process effectively and mandatory pre-litigation mediation in commercial disputes.. “ODR has emerged as the preferred mode of dispute resolution,” especially during the Covid-19 pandemic when physical interactions were restricted. Continuously improve the legal framework like The Mediation Bill, 2021 which after enactment will have to be constantly reviewed and revamped to remain responsive to the evolving needs of the society.” Justice NV Ramana, Former Chief Justice, Supreme Court of India emphasized “The ability of resolving disputes in a faster pace will help the growth of society country nation or world.” He said that the world today has realized Arbitration and Mediation as one of the most powerful tools to resolve disputes.

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