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Section 49 - Mediation Act, 2023
The Mediation Act, 2023
49. Mediated settlement agreement where Government or its, agency, etc., is a party.-
Notwithstanding anything contained in this Act, no dispute including a commercial dispute, wherein the Central Government or State Government or any of its agencies, public bodies, corporations and local bodies including entities controlled or owned by them is a party, the settlement agreement arrived at shall be signed only after obtaining the prior written consent of the competent authority of such Government or any of its entity or agencies, public bodies, corporations and local bodies, as the case may be.
Related Sections
Related Acts
- Human Immunodeficiency Virus and Acquired Immune Deficiency Syndrome (Prevention and Control) Act, 2017
- Maritime Anti-Piracy Act, 2022
- National Bank for Agriculture and Rural Development (Amendment) Act, 2017
- International Financial Services Centres Authority Act, 2019
- Specified Bank Notes (Cessation of Liabilities) Act, 2017
* Only for reference.