Conciliation:

Conciliation is one of the non-binding procedures where an impartial third party, known as the conciliator, assists the parties to a dispute in reaching a mutually agreed settlement of the dispute. A conciliator does not give a decision, but his main function is to induce the parties themselves to come to settlement. The Conciliator may formulate or reformulate the terms of settlement.

International Centre for Alternative Dispute Resolution (ICADR) was established and registered as a society under the Societies Registration Act, 1860 in 1995 for the promotion and development of ADR facilities and techniques in India. The main

objectives of the ICADR are to propagate, promote and popularize the settlement of domestic and international disputes by different modes of ADR. It establishes facilities and provides administrative and other support services for holding conciliation, mediation and arbitration proceedings along with promoting reform in the system of settlement of disputes and its healthy development within the framework of the social and economic needs of the community.

The emerging Alternative Dispute Resolution methods, which are non-litigation alternatives offer opportunities for effectively resolving disputes. Depending on the nature of the relationship between the parties involved in the disputes and the circumstances under which the dispute is evolved, different methods of dispute resolution mechanism may be preferable.