Articles for Public Enterprises

India's Big Policy Shift: Govt Seeks Mediation, Not Arbitration For Public Enterprises

After ten years of persistence in making India a global hub for Arbitration in commercial disputes, the incumbent Government has suddenly changed its policy. It now wants public enterprises and departments to adopt Mediation for dispute resolution involving large contracts. Is it a wrong move? Records show that 99 per cent of Mediation cases land up in courts