Question : APPOINTMENT OF MEDIATORS IN COMPANIES



(a) the number of the mediators appointed in various companies during the last three years company-wise;

(b) the procedure fonowed to appoint the mediators; and

(c) whether the procedure to appoint the mediators has been fonowed during the last three years?

Answer given by the minister

MINISTER OF LAW, mSTICE & COMPANY AFFAIRS (SHRI ARUN JAITLEY )

(a) to (c): The tenn `Mediator` has neither been defmed nor any procedure for appointment of mediators prescribed under the Companies Act, 1956.