Singapore Convention on Mediation and India

Abstract

With the adoption of Singapore Convention on Mediation, mediation is likely to get prominence as the settlement agreement conducted between the parties to the dispute through mediation shall be binding and may be enforced in the Party to Convention where the relief has been sought. At national level also, the countries have also promoted mediation for dispute resolution. India is also promoting mediation in its jurisdiction to bring the backlog of cases down substantially. India is yet to bring out a full-fledged parliamentary statute on mediation like it has in case of arbitration and conciliation. It is in the interest of the country to ratify the Singapore Convention.