New law for out-of-court settlements

     Written by : SMTV24x7 | Fri, Jun 02, 2017, 02:59 PM

New law for out-of-court settlements

New Delhi June 02: As we knew that, many of the court cases have been pending, In an effort to reduce the massive pendency of cases, the BJP government is considering bringing in a new law on voluntary out-of-court settlements.

According to the Sources information that the representatives of the Department of Legal Affairs in the law ministry were asked “to take necessary steps to introduce a stand-alone law to regulate pre-litigation voluntary mediation” at a recent meeting of a task force on improving India's ranking in the World Bank report on 'Ease of doing business'.

The task force's second meeting discussed the need for legislation on mediation on the lines of a similar law in Singapore.

Currently, the mediation process is mostly used to settle marital disputes, but the new legislation could encourage settlements in areas such as landlord-tenant and industrial disputes.