In addition to Conciliation being provided in Arbitration & Conciliation Act – Chapter IIIA of Commercial Courts Act, 2015 amended in 2018 provides for mediation or settlement to take place before institution of suit
Mediation is gaining significant ground within Indian Judiciary and conciliatory dialogue is also increasingly being recognized as a mode of Dispute Resolution
A different law for Mediation may also be passed in the near future
IDAC India recognizes the practical scope of Mediation/Conciliation and its gaining significance globally
Institutionally we have Mediation Rules and are actively working on a separate panel of mediators to encourage private mediation
