MEDIATION: PRACTICE IN THE CORPORATE WORLD

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 conc...

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Main Authors: Nur Khalidah Dahlan, Muhamad Helmi Md. Said, Ramalinggam Rajamanickam
Format: Article
Language:English
Published: UUM Press 2021-01-01
Series:UUM Journal of Legal Studies
Subjects:
Online Access:https://e-journal.uum.edu.my/index.php/uumjls/article/view/7858
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author Nur Khalidah Dahlan
Muhamad Helmi Md. Said
Ramalinggam Rajamanickam
author_facet Nur Khalidah Dahlan
Muhamad Helmi Md. Said
Ramalinggam Rajamanickam
author_sort Nur Khalidah Dahlan
collection DOAJ
description 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.
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spelling doaj.art-d1c088a44b86495dafd66e17b57cf0a22023-01-31T03:11:16ZengUUM PressUUM Journal of Legal Studies2229-984X0127-94832021-01-01121MEDIATION: PRACTICE IN THE CORPORATE WORLDNur Khalidah Dahlan0Muhamad Helmi Md. Said1Ramalinggam Rajamanickam2Faculty of Law, Universiti Kebangsaan Malaysia, MalaysiaFaculty of Law, Universiti Kebangsaan Malaysia, MalaysiaFaculty of Law, Universiti Kebangsaan Malaysia, Malaysia 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. https://e-journal.uum.edu.my/index.php/uumjls/article/view/7858Mediation, AIAC, Mediation Act 2012, Corporate
spellingShingle Nur Khalidah Dahlan
Muhamad Helmi Md. Said
Ramalinggam Rajamanickam
MEDIATION: PRACTICE IN THE CORPORATE WORLD
UUM Journal of Legal Studies
Mediation, AIAC, Mediation Act 2012, Corporate
title MEDIATION: PRACTICE IN THE CORPORATE WORLD
title_full MEDIATION: PRACTICE IN THE CORPORATE WORLD
title_fullStr MEDIATION: PRACTICE IN THE CORPORATE WORLD
title_full_unstemmed MEDIATION: PRACTICE IN THE CORPORATE WORLD
title_short MEDIATION: PRACTICE IN THE CORPORATE WORLD
title_sort mediation practice in the corporate world
topic Mediation, AIAC, Mediation Act 2012, Corporate
url https://e-journal.uum.edu.my/index.php/uumjls/article/view/7858
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