India, Jan. 29 -- The Government of India has issued a release:
Period
No. of applications received for mediation
No. of application where mediation remains non-starter
No. of application where parties reached for settlement
July, 2018 to March, 2019
3680
1660
25
2019-20
18080
14470
167
2020-21
18364
14014
186
2021-22
32335
28441
368
2022-23
46412
41898
1449
2023-24
51019
47185
1139
2024-25
59568
52730
877
2025-26(upto Sep 25)
47218
30353
643
The Commercial Courts Act, 2015 was amended in the year 2018, to provide inter-alia for Pre-Institution Mediation and Settlement (PIMS) mechanism under Section 12A. Under this mechanism, where a commercial dispute of specified value does not contemplate any urgent i...