@kishor Sir The worrying point is that all literature say settlement arrived at in a mediation is binding and cannot be appealed. Thats why there is a concern.
I just found out today that it is plaintiff initiated private mediation and not court ordered
Will there still be an opportunity to override the mediation ruling?
2.As for identites of parties -the whole point of OTP for pracctically every transaction is becuase impersonationis such a threat.
It is even more important in mediation when somethhing as valuable as property
is being handled. So should'nt the same requirements of photo identification,
thumb impression apply when the mediation settlement is signed?
All the frauds that can happen in subregistrar office can happen in the mediation location too since as far as property goes
So if someone shows a document with my signature saying I agrered to sell my house in mediation monitored by Y I am stuck and unless I can prove signature forgery I have to go through (This is not the current case since court is involed but the lack of rigor in
identifying parties opens lot of doors)
I feel simply finalizing a settlement with a mediator is no different from signing a sale deed with witnesses. That process generated a lot of frauds and isnt it that registration of sale deeds under govt. authority was mandated to counter that?
@Vashishta Sir thanks for that clarification. So atleast we can ignore lok adalat for now
ply finalizing a settlement with a mediator is no different
from signing a sale deed with witnesses. That process generated a lot of frauds
and isnt it that registration of sale deeds under govt. authority
was mandated to counter that?
@Vashishta Sir thanks for that clarification. So atleast we can ignore lok adalat for now
@PVenu Sir The issue of impersonation in a transaction is universal. From gas booking, credit card spednig to foirged cheques it has a long history. Like anyoneelse mediators too can be fradulent. From bank officials (Nirav modi and other scames) CEOs (satyam,replublic tv, ICICI ceo) the list is endless and has no boundaries.
I dont want to put thespecific case in a public forum but I will upload partial snips shortly