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Mediation

(n) Mediation is the process of settling a dispute by intervention of a third party, to reach an amicable solution for the dispute, considering the stance and validity of claims of the parties, extend up to which each of the party is ready to oblige or compromise etc. Mediator do not have judicial authority of an arbitrator as the process is a conciliation activity. Mediation is in effect a reconciliation of disputes.

 
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