Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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of <h1>Companies mediation good faith obligation requires parties to participate with intent to settle; safeguards procedural integrity</h1> Rule 20 of the Companies (Mediation and Conciliation) Rules, 2016 requires that all parties commit to participate in mediation and conciliation proceedings in good faith with the intention to settle the dispute, creating a binding procedural obligation on parties to engage constructively. The rule prescribes an expectation of earnest negotiation and settlement orientation, thereby shaping conduct during mediation and informing procedural management of the process; non-compliance may bear on mediation dynamics and the administration of conciliation but does not itself prescribe specific sanctions.
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