Our senior partner, Mr. B.C. Thiruvengadam was invited by UNCITRAL to speak on the Enforcement of Cross Border Commercial Dispute Mediation Settlements in India during the session titled 'COMMERCIAL DISPUTE RESOLUTION IN A GLOBALISED WORLD'.
In India mediation is broadly classified as Court Annexed Mediation and Pre- litigation Private Mediation. With the amendment to the Civil Procedure Code, mediation is an option for dispute resolution in pending civil cases. Court annexed mediation centres are now in many districts and the Supreme Court has trained thousands of mediators. All the High Courts have framed rules for such mediations. The courts draw up settlements reached in court-annexed mediations as non-appealable decrees.
To view Mr. Thiruvengadam's presentation, click here.
The conference was organised by UNCITRAL and ABLI -
UNCITRAL is a subsidiary body of the General Assembly of the United Nations. It should not be confused with the World Trade Organization (WTO). The WTO deals with trade policy issues, such as trade liberalization, abolition of trade barriers, unfair trade practices or other similar issues usually related to public law. In contrast, UNCITRAL generally deals with the laws applicable to private parties in international transactions, and does not involve itself with “State-to-State” issues such as anti-dumping, countervailing duties, or import quotas.
ABLI was launched in January 2016. It is a permanent institute based in Singapore that initiates, conducts and facilitates research with a view to providing practical guidance in the field of Asian legal development and promoting the convergence of Asian business laws. Its mission is to remove unnecessary or undesirable differences between Asian legal systems that pose obstacles to free and seamless trade. ABLI’s long-term strategic direction in accordance with its aims is set by its Board of Governors chaired by The Honourable the Chief Justice Sundaresh Menon of the Supreme Court of Singapore. The Board comprises representatives from Australia, China, India and Singapore and other internationally renowned legal experts.
10/08/2018
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