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Arbitration And Conciliation (Amendment) Act 2015

Arbitration And Conciliation (Amendment) Act 2015

Overview: The procedure of resolving an argument by guiding people to an acceptable solution sans lengthy court proceedings comes under Alternative dispute resolution. Arbitration is a form of Alternate Dispute Resolution (ADR) where an arbitrator acts as a third party and hears the evidence brought by both sides and makes the decision. The decision is […]

History of Evolution of Arbitration Law in India

History of Evolution of Arbitration Law in India

The concept of arbitration in India is not a new concept. India has had a long tradition of arbitration. In ancient India, in case any dispute arose, people chose to settle the matter on their own. In fact, there were different grades of arbitrators with provisions for appeals in certain cases from the award of […]

Is Arbitration effective in India?

Is Arbitration effective in India?

An alternative to litigation, arbitration is a mechanism which ensures speedy resolution of contractual disputes. Governed by “The Arbitration and Conciliation Act, 1996”, the process of arbitration can be initiated if prior to the occurrence of a dispute, there has been a written agreement between the parties. The contract under which the dispute arises, must […]

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