MEDIATION: PRACTICE IN THE CORPORATE WORLD

Authors

  • Nur Khalidah Dahlan Faculty of Law, Universiti Kebangsaan Malaysia, Malaysia
  • Muhamad Helmi Md. Said Faculty of Law, Universiti Kebangsaan Malaysia, Malaysia
  • Ramalinggam Rajamanickam Faculty of Law, Universiti Kebangsaan Malaysia, Malaysia

Keywords:

Mediation, AIAC, Mediation Act 2012, Corporate

Abstract

The relationship between parties in corporate world is essential in order to addressing business disagreements. Where it is focusing on the language of business contract per se. Despite various dispute solutions and legal provisions on corporate, company and shareholder rights, all the parties concern are still facing some challenges. Mediation method is one of the alternative dispute resolutions for those who seeks justice without undergo the court proceeding. It is a swift and inexpensive form of dispute resolution. Mediator’s role is to facilitate the disputing parties, and utilizes both joint and private sessions to assist them to achieve consensus. In view of the economic interest, and with a vision to maintain their business relation, a private settlement is preferred between them. This study is using the doctrinal and comparative research methods. In which, this study is comparing the pertinent literature on jurisdiction of the court and Mediation Bodies in terms of Corporate / Company / Shareholders. The discoveries of this study are vital in describing the pros and cons of mediation practices and how it reflects justice to the Malaysian society.

Additional Files

Published

31-01-2021

How to Cite

Dahlan, N. K., Md. Said, M. H., & Rajamanickam, R. (2021). MEDIATION: PRACTICE IN THE CORPORATE WORLD. UUM Journal of Legal Studies, 12(1), 51–67. Retrieved from https://e-journal.uum.edu.my/index.php/uumjls/article/view/uumjls2021.12.1.3

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