Versuchen GOLD - Frei
Mediation On The Table
Business Today
|May 16, 2021
MEDIATION IS YET TO BECOME THE PREFERRED CHOICE FOR CORPORATE DISPUTE RESOLUTION, BUT PERSPECTIVES ARE CHANGING

2002 Section 89 of the Civil Procedure Code amended to include mediation as a solution to workplace disputes
2005 Mediation and Conciliation Project Committee established by the Supreme Court to oversee implementation of mediation outcomes
2018 Section 12 A introduced as an amendment to the Commercial Courts Act 2015, making it mandatory for parties to opt for mediation before filing a suit; Mediation settlements allowed to have the effect of a civil court order or arbitration award on agreed terms
A Bollywood celebrity checked into one of the popular spa chains in the airport for a shoulder mas sage. In the middle of the massage, she called off the session and made a distress call to the police, claiming that the masseuse touched her inappropriately. The police immediately sealed off the spa. Soon, both parties got into a long-drawn, intense legal wrangle. With no solution in sight, the case was eventually referred for mediation. The mediator reviewed the case, listened to the two sides — the spa owner didn’t want to take a hit on the brand’s image and the celebrity wanted to avoid publicity on the topic. The mediator suggested that instead of a long-drawn trial, the owner could pay a compensatory fee for the inconvenience and trauma caused to the celebrity by the spa employee’s behaviour. Both parties found the verdict reasonable and the case was settled amicably.
Diese Geschichte stammt aus der May 16, 2021-Ausgabe von Business Today.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Today

Business Today India
BREAKING THE SILICON CEILING
INDIA'S FIRST COMMERCIAL FAB IS FINALLY TAKING SHAPE, BUT BUILDING A RESILIENT SEMICONDUCTORS BASE WILL TAKE FAR MORE THAN JUST CAPITAL
10 mins
September 28, 2025

Business Today India
WAITING FOR THE IPO WINDFALL
LIGHTSPEED HAS QUIETLY EVOLVED ALONG WITH INDIA'S START-UP STORY, ARMED WITH A $2.3 BILLION PLAYBOOK. NOW, IT AWAITS THE ULTIMATE PRIZE: A MARKET-DEFINING IPO
7 mins
September 28, 2025

Business Today India
RIGHT ON TARGET
TARGET MATURITY FUNDS ARE A GOOD OPTION FOR PREDICTABLE RETURNS BUT IT'S IMPORTANT TO LOOK AT THE INDEX COMPOSITION AND CREDIT RATINGS OF ENTITIES WHOSE SECURITIES ARE INCLUDED IN THE BENCHMARK
6 mins
September 28, 2025

Business Today India
TO A GOOD TIME
DISCOVER THE CRISP, CITRUSY OR BITTER WORLD OF BEER THROUGH HOMEGROWN BRANDS
3 mins
September 28, 2025

Business Today India
PASSING THE BATON
INDIA'S FAMILY BUSINESSES ARE REWRITING THE RULES OF SUCCESSION—ELEVATING PROFESSIONALS, BUILDING FAMILY OFFICES, AND SEPARATING LEGACY FROM MANAGEMENT
6 mins
September 28, 2025

Business Today India
A RARE SHIFT
AS THE SHORTAGE OF RARE-EARTH MAGNETS TURNS INTO A FULL-BLOWN CRISIS WITH CHINA'S IMPORT RESTRICTIONS, DOMESTIC PLAYERS ARE LOOKING BEYOND TO SUCCEED WITH THEIR EV PLANS
5 mins
September 28, 2025

Business Today India
Put energy where you can be the best
PARTHA BASU | MD, ASHIRVAD BY ALIAXIS
1 mins
September 28, 2025

Business Today India
Thematic Investing: Spotting Structural Themes Before They Become Mainstream
It's a truth well acknowledged in the markets, that extraordinary wealth is created when the investors spot a powerful theme before it captures the imagination of the crowd. To ride such a wave in its infancy, is to participate in returns—so outsized that they defy neat calculation.
2 mins
September 28, 2025

Business Today India
INDIA'S ETHANOL DILEMMA
INDIA ACHIEVED A 20% ETHANOL BLENDING IN PETROL THIS YEAR, FIVE YEARS AHEAD OF SCHEDULE. WHILE IT IS AN IMPORTANT STEP TOWARDS REDUCING CRUDE OIL IMPORTS, AUTO OWNERS ARE COMPLAINING ABOUT REDUCED MILEAGE AND DAMAGED ENGINES. DOES INDIA'S ETHANOL POLICY NEED A TWEAK?
7 mins
September 28, 2025

Business Today India
"GST cut is the manifesto of 1.4 billion Indians"
Finance Minister Nirmala Sitharaman on GST rate cuts, lessons from Covid-19, and more
7 mins
September 28, 2025
Translate
Change font size