ARBITRATION

The meaning of arbitration in the English language is the entire process of solving a dispute or a disagreement between two or more people with a solution acceptable to all. It is an effective way to resolve a contention without going to the court which under normal circumstances a lengthy and sometimes a painful...

It is important to state that, since the early 90s, the Indian government along with arm of the Indian judiciary system is working to put simplify the long and complex process of resolution with regards to business disputes. After a thorough deliberation, a law was passed by the name “Arbitration and Conciliation...

Courts and judicial processes are extremely expensive, complex and time consuming across the world. When it comes to business disputes the entire process becomes even more complex and lengthy which can hurt even the most established businesses. There is an alternate way to resolve the dispute which is commonly...

It is not important to understand the reason of dispute among people or party, however it is essential to make provisions so that a smooth and quick fix for the dispute is provided. We are all aware of the complicated, time consuming and expensive court proceedings. In order to provide an alternating to this, the...

Before we dig deep in to the topic I would like to explain as to what is arbitration. Arbitration is a process by which litigation can be avoided in case of a dispute. In other words, it is an alternate method to solve the dispute without going through the lengthy and exorbitant court proceedings. In India, this law...

In the year 1996, a law was passed which enabled the parties to avoid the litigation process in order to resolve the disputes. This law came to be known as Arbitration and Conciliation Act 1996. This law was amended in the year 2015. It is a fairly easy process in comparison to litigation and one doesn’t even...

Arbitration is a process which resolves disputes especially business disputes without going through the process of litigation and lengthy court proceedings. It has become quite prevalent since its inception in the year 1996. People and parties prefer using the arbitration process to sort out disputes, however as...

Arbitration agreement is very common these days, you will find it in almost all the business dealings and transactions. Almost all the employee – employer contract has an arbitration agreement in it. Before we go ahead and discuss about arbitration agreements, it is important to understand the law of arbitration....

The government of India in the year 1996 passed a law by the name Arbitration and Conciliation Act 1996 to regulate domestic arbitration in the country. This act came to be effective from 25th January 1996. To make it more effective and preferred, the law was further amended in 2015. This law works in tandem...

Though arbitration and mediation are used for the same kind of disputes, however there are few fundamental differences which needs to be understood by the disputing parties. Let us first discuss about arbitration. Arbitration is the process which is a part of the Alternative dispute resolution which...

Arbitration is process which is a part of Alternative Dispute Resolution (ADR) which comes under the purview of Arbitration and Conciliation Act 1996 which was passed by the Indian government in the parliament. This was also amended in 2005 to make it more effective in resolving disputes. It is a process which...

The answer to the above question is not at all simple and easy. The best way to answer this is to say that, arbitration is an alternate method for solving disputes between parties or people. Arbitration is an arm of ADR (Alternative Dispute Resolution) which promotes it as an alternative to the litigation process....

It is better to understand the process of arbitration before plunging in to the selection criteria or the process of appointment of the arbitrators. Arbitration is an alternate method which is widely being used to resolve disputes between two or more parties. It is a part of ADR which is alternative Dispute...

Now a days, employers want their employees to sign an arbitration clause or an agreement. The most noticeable part of the contract is that, it is binding contract due to which the employees lose their right to file for litigation in case they are abused by their employers. Binding arbitration contract only gives the...