Correct option is D
The correct answer is: (D) It makes mediation compulsory for all civil and commercial disputes before court proceedings.
The Mediation Act, 2023 was enacted to promote mediation as a method of dispute resolution in India. One of its key features is that it makes mediation compulsory for all civil and commercial disputes before they proceed to court.
The Act encourages parties to resolve disputes through mediation before taking them to the courts, helping reduce the burden on the judiciary and promoting quicker, less adversarial methods of resolving disputes.
The Mediation Act also provides for the establishment of a mediation council and seeks to enhance the legality and enforceability of mediated settlements.
The Mediation Act aims to make India a global hub for mediation and promote amicable dispute resolution.
It ensures that mediated agreements can be legally binding once they are signed by the parties.
Mediation provides a platform for parties to engage in a structured negotiation facilitated by a neutral third party, ensuring confidentiality and the preservation of relationships.
The legislation seeks to promote alternative dispute resolution (ADR) mechanisms like mediation, conciliation, and arbitration.