Mediation for Maritime Disputes in India

Mediation is an effective means of settling disputes in a cost effective manner, this research article aims at bringing out the reasons as to why mediation in maritime sector should be encouraged, what the country needs in order to make mediation a preferred choice and what are the challenges which pose in India with respect to mediation in commercial matters.
Litigation can turn out to be vexatious, costly and time consuming. Mediation is an alternative dispute resolution mechanism which carries in itself a huge scope to decrease the backlog of cases and create a friendly environment between the corporates which can get into heated disputes. This research article aims at making the reader more wary about the laws, regulation and scope in the maritime mediation sector in India.