The Mediation Act, 2023 and its Impact on India's Dispute Resolution Landscape: Shifting Paradigms

Authors

  • Soumendra Roy H.O.D. (Academics), Brij Mohan Institute of Management & Technology, Jhajjhar

DOI:

https://doi.org/10.33516/maj.v59i4.25-31p

Keywords:

No Keywords.

Abstract

The transformative Mediation Act, 2023 was designed to streamline a variety of disputes especially that could prove particularly useful to insolvency and bankruptcy disputes. Employing a hybrid of qualitative insights and quantitative data, the author examines exactly how much more efficient and cost-effective the Act has made dispute resolution and how these benefits have been viewed by stakeholders across India’s legal spectrum.

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Published

2024-04-18

How to Cite

Roy, S. (2024). The Mediation Act, 2023 and its Impact on India’s Dispute Resolution Landscape: Shifting Paradigms. The Management Accountant Journal, 59(4), 25–31. https://doi.org/10.33516/maj.v59i4.25-31p

Issue

Volume 59, Issue 4, April 2024

Section

Cover Story
Crossref
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Europe PMC

References

Ministry of Law and Justice, Government of India. (2023). The Mediation Act of 2023. Gazette of India.

Sharma, A., & Gupta, R. (2023). Assessing the Effectiveness of Mediation in the Indian Legal System Post 2023 Legislation. Journal of Indian Legal Reforms, 15(2), 234-256.

Kumar, L. (2024). Mediation Practices in India: Changes and Obstacles. Oxford University Press.

Patel, S., & Mehra, P. (2023). Influence of Mediation on Insolvency Proceedings: An Analytical Comparison. International Review of Law and Economics, 41, 102-119.

Global Mediation Forum. (2022). Annual Report on the Status of Mediation Worldwide.