The Supreme Court Judge Kurian Joseph said that an independent council for conciliation should be formed under the aegis of the Kerala Chamber of Commerce and Industry as part of the alternativedisputes resolution methodology. Inaugurating a seminar on arbitration, conciliation and mediation by Arbitration Conciliation Mediation Council (ACMC), under the Kerala Chamber of Commerce and Industry, at the chamber hall at Shanmugham Road here on Saturday, Justice Kurian Joseph stressed the need for speeding up delivery of justice under the methods of arbitration and conciliation to ensure evenness and respectability to an arbitration or conciliation award, said a release.
Arbitration after mediation was the best method to resolve disputes. The efforts to resolve industrial disputes begin with conciliation efforts. The dpeed of growth, development and transactions in the commercial and industrial sectors demands fast and speedy resolution of disputes, he added.