In India’s rapidly growing startup ecosystem, intellectual property (IP) is steadily gaining recognition as a powerful and investable asset class. As innovation becomes the cornerstone of entrepreneurship, especially in sectors like technology, pharmaceuticals, fintech, and consumer brands, IP is no longer seen merely as a legal safeguard—it is a strategic asset that can define a startup’s trajectory and valuation.

Mediation has long been an integral part of dispute resolution in India. Since time immemorial, individuals have relied on mediation to settle both private and community disputes. Disputing parties would typically approach a senior member of the family or society to mediate conflicts at a community level. In villages, mediation was commonly conducted by elders or gram panchayats.

As an alternative mode of dispute resolution, mediation offers both a cost-effective and amicable solution compared to traditional litigation or arbitration. By encouraging open dialogue, mediation enables parties to arrive at mutually agreeable solutions while avoiding the hostility often associated with courtroom battles. 

The uniqueness of a family business is the involvement of the ‘family’ in business. The meeting of the professional and the personal – often leads to blurring of boundaries, causing co-mingling of family and business issues, which may potentially lead to misunderstandings and conflicts. In today’s rapidly changing world, such misunderstandings and conflicts are becoming more and more common as business families try to navigate the complexities of modern life while attempting to preserve their values, goals, and cohesion.