Question
Legal Studies Question on Code of Civil Procedure
Which of the following statement is correct under the Mediation Act 2023?
terms of the mediated settlement agreement cannot extend beyond the disputes referred to mediation
a mediator must necessarily be of a nationality different from that of the parties
mediated settlement agreement should be signed by the parties and authenticated by the mediator
mediated settlement agreement resulting from online mediation, requires additional approval from the mediation service provider
mediated settlement agreement should be signed by the parties and authenticated by the mediator
Solution
Under the Mediation Act 2023, a mediated settlement agreement must be signed by all parties involved and authenticated by the mediator to be considered valid and enforceable. This ensures that the terms are mutually agreed upon and recognized.