Jharkhand State legal Services Authority (JHAlSA) Executive Chairman Justice D N Patel on Thursday said that the Authority will train new set of expert mediators to settle the corporate cases.
Addressing the valedictory session of the three-day refresher training for the mediators at Nayay Sadan, Justice Patel pointed out that the Ministry of Corporate Affairs (MCA) has now notified the Companies (Mediation and Conciliation) Rules, 2016, under which the company cases are to be reconciled through mediation within three months.
“So, we will need a number of mediators with vast experience as chartered accountant and business leaders to handle such cases,” he added.
He said that the Jharkhand High Court has already been referring commercial cases to the mediation centre for settlement and his experience has been very good.
“It is good that now the Central Government has also felt the need to expedite the corporate cases and has made specific rules to settle them through mediation,” he added.
He also narrated how a case lodged by a contractor against the water resources department, way back in 1988, was settled by an expert mediator after holding just two sessions at JHAlSA mediation centre.
JHAlSA Member Secretary A K Rai, High Court legal services committee secretary Santosh Kumar along with master trainers Madhusudan Ganguly, l K Giri, Rajesh Das and Manisha Rani were also present on the occasion.