mediation
One of the major concerns of all investors and innovators, foreign as well as domestic is the time, effort and money it takes to resolve a dispute in India. The problem is increasingly difficult for startups whose dispute value may be less than a crore or even INR 50 lakhs. Increasing number of companies are becoming vary of arbitration due to its increasing cost and high probability of court appeal. Increasing number of companies are opting to refer disputes to mediation before proceeding to arbitration or litigation.
J Sagar Associates (JSA) retained partner Chitra Narayan in Chennai will go independent to focus on mediation, reported Bar & Bench.
She told the website, “I have been a mediator with the Tamil Nadu Media & Conciliation Centre for about ten years and a year and a half ago I along with others co-founded Private Initiative for Mediation and I want to focus on that now”, while JSA’s outgoing managing partner Berjis Desai said that “she was keen to pursue a career in mediation principally. Sad to lose an excellent resource”.
Narayan had joined JSA when the firm absorbed local start-up Vichar last year to open in Chennai. Vichar’s other co-founders Vinod Kumar and Aarthi Sivanand remain at JSA
The Supreme Court yesterday recommended that former Chief Justice of India SH Kapadia should mediate in a dispute of the Bombay Parsi Panchayet (BPP) over two priests who were banned for allegedly performing allegedly unsanctioned ceremonies. The ban was quashed by the Bombay high court in 2011, and appealed by the BPP to the Supreme Court, having spent more than Rs 3 crore on litigation expenses.
The BPP chairman Dinshaw Mehta said: "We are bleeding at the moment. In the last two months we have spent over Rs 30 lakh just to get dates for the next hearing." He added that Kapadia would be a good candidate because he was a Parsi, who'd be more easily accepted as a mediator by the community. [Mumbai Mirror]
NLIU Bhopal student Surabhi Singh is running a live blog on Legally India of NLIU Bhopal’s International Mediation Competition on Saturday and Sunday (13 and 14 October). Click on through to follow 29 teams duke out – sorry, mediate – their differences. Should be exciting, please keep checking back for progress on your buddies and favourite teams.
If your college is running an interesting event and you’d like to live blog it, please do get in touch.{jcomments off}