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Society since its inception has faced a lot of disputes and conflicts and settlement of these problems have become an essential part of it, Court settlement though is well accepted but has suffered a lot of disadvantages due to its cumbersome codes and rigid procedures. The Alternate Dispute Resolution system in recent times is seen as the better way to settle disputes by overcoming drawbacks of the conventional court system. ADR includes Mediation, Conciliation and Arbitration out of which the first one has received special consideration due to its cost effectiveness, time saving and flexible approach.