https://www.taxtmi.com/article/detailed?id=9840 Pre-institution mediation under the Commercial Courts Rules provides a voluntary, structured process: a party applies to the Authority in prescribed form; the Authority issues notices to the opposite party, may report non-participation as a non starter, and upon mutual appearance assigns a Mediator. The mediation must be completed within three months, extendable by two months by consent. Mediators facilitate voluntary settlement, maintain confidentiality, record settlements in the prescribed form and report failures to settle; parties share fees equally and must act in good faith. en-us Mon, 14 Jun 2021 09:10:07 +0530 Mon, 14 Jun 2021 09:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9840 Pre-institution mediation under the Commercial Courts Rules provides a voluntary, structured process: a party applies to the Authority in prescribed form; the Authority issues notices to the opposite party, may report non-participation as a non starter, and upon mutual appearance assigns a Mediator. The mediation must be completed within three months, extendable by two months by consent. Mediators facilitate voluntary settlement, maintain confidentiality, record settlements in the prescribed form and report failures to settle; parties share fees equally and must act in good faith. Articles Other Topics Mon, 14 Jun 2021 09:10:07 +0530 https://www.taxtmi.com/article/detailed?id=9840