Mediation and Arbitration Act

The Mediation and Arbitration Act is a legal framework that establishes methods for resolving disputes outside of traditional court proceedings. Mediation involves a neutral third party helping conflicting parties reach a voluntary agreement, while arbitration entails a designated individual or panel who listens to both sides and makes a binding decision. This act aims to provide a quicker, less formal, and often more cost-effective alternative to litigation, promoting collaborative resolutions and reducing the burden on the court system. It is commonly used in various disputes, including those related to business, employment, and family matters.