कोशिश गोल्ड - मुक्त

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

- VIJAYALAKSHMI SRIDHAR

Mediation On The Table

HOW IT HAS EVOLVED

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.

Business Today से और कहानियाँ

Business Today India

Business Today India

THE BANDRA BAY TEMPLATE

Mumbai is working on a Marina that could be the envy of cities around the world. Its success will encourage similar waterfront developments around the country

time to read

6 mins

January 18, 2026

Business Today India

Business Today India

NANO GCCs GAIN GROUND

India has over 2,000 Global Capability Centres employing nearly two million people. This booming sector has a new kid in town— smaller units doing cutting-edge work

time to read

6 mins

January 18, 2026

Business Today India

Business Today India

Business Cycle Investing: Turning Economic Phases into Opportunities

In the world of investing, progress is rarely linear. Just as individuals experience different phases in life, businesses and economies move through cycles. Periods of rapid growth are often followed by slowdowns, recoveries and fresh expansions. These recurring phases—collectively known as business cycles—form the backbone of economic activity. For investors who learn to read these shifts, business cycles can become powerful tools for long-term wealth creation rather than phases to fear.

time to read

2 mins

January 18, 2026

Business Today India

Business Today India

BEST Management Advice

PURVI SHETH, MANAGING DIRECTOR, SHILPUTSI CONSULTANTS

time to read

1 mins

January 18, 2026

Business Today India

Business Today India

Flexicap Funds: The 'Dhurandhar' Way to Ride Market Ups and Downs

Retail investors often feel pulled in two directions at once. One part of the market looks expensive yet steady. Another looks more opportunity-rich, but also more volatile. This is where flexi-cap investing looks relevant. It is built for investors who want equity participation, but do not want outcomes to hinge on staying loyal to one market-cap segment through every phase.

time to read

2 mins

January 18, 2026

Business Today India

ASSISTED INVESTING

New-age traders see AI as an indispensable tool, one that can process vast datasets on a scale no human can match. But some market veterans warn that it has the potential to amplify herd behaviour and trigger flash crashes

time to read

5 mins

January 18, 2026

Business Today India

Business Today India

Flying Regional

Regional aviation is booming with the entry of new players in this hyper-competitive segment. What is making these smaller players reach for the sky even as national carriers struggle?

time to read

10 mins

January 18, 2026

Business Today India

Business Today India

Renewable Security: India's Next Strategic Advantage

Every once in a while, a country reaches a moment where technology, ambition, and necessity intersect so sharply that the future stops being a distant idea and becomes a blueprint waiting to be built. India is at that moment - on the cusp of a 500-gigawatt renewable ambition by 2030 - a target that is not simply about numbers, but about resilience, industrial competitiveness, and national security.

time to read

4 mins

January 18, 2026

Business Today India

Business Today India

Exploring Spain's MEDITERRANEAN GETAWAY

Often overlooked in favour of Barcelona and Madrid, Valencia is the perfect weekend stopover on your next Spanish holiday

time to read

3 mins

January 18, 2026

Business Today India

Business Today India

RUPEE WEAKENING NOT A STRUCTURAL CONCERN

S. Mahendra Dev, Chairman of EAC-PM, on economy, growth prospects, reforms and rupee fall

time to read

5 mins

January 18, 2026

Translate

Share

-
+

Change font size