Alternative Dispute Resolution (ADR)-Arbitration

ARBITRATION

As per the recently amended arbitration act, arbitration is a procedure in which dispute is resolved by the arbitrator(s), who make binding decision on the dispute. This decision is called arbitral award. The arbitrator(s) is selected by the parties themselves.​​​

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Arbitration is a powerful tool for conflict resolution. Here are some benefits of Arbitration:

1. Arbitral proceedings and an arbitral award are non-public, and ARE confidential.

2. In most legal systems there are very limited avenues for appeal of an arbitral award, which is an advantage because it limits the duration of the dispute and any associate liability.

3. Arbitration is an alternative to National Court.

4. A private mechanism for dispute resolution.

5. Arbitrators selected by the parties.

6. Final and binding determination of parties’ right and obligations.

7. Neutrality.

8. Expeditious and cost advantage

 We are a set of professional arbitrators having experience in resolution of disputes in various verticals ranging from small amount of dispute to disputes of more than Rs 500 Croce.

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