ARBITRATION | MOST EFFECTIVE DISPUTE RESOLUTION MECHANISM |MASKMOONJI| IN TAMIL Hello everybody , In this video we have explained about the term ADR or Alternative Dispute Resolution signifies any out of court processes adopted to solve disputes. Arbitration, mediation, conciliation, and negotiation are usually the most common methods of ADR. When the courts are understaffed and overburdened with cases, ADR serves the purpose of providing faster and simpler means of dispute resolution. All ADR methods are mostly private in nature.

Arbitration is outside the court settlement of a dispute by one or more (odd number) persons who are appointed as arbitrators by both the parties. According to Section 2(1)(a) of the Arbitration and Conciliation Act, 1996 “Arbitration means any arbitration whether or not administered by permanent arbitral institution”.

There are various types of arbitration depending upon the nationality of the parties, the arbitral award or the arbitrators involved.The stages of an arbitral process as per the provisions of the Arbitration and Conciliation Act, 1996 are described


For queries you can leave us a comment in the comment box.

FOLLOW US ON,
Instagram:
https://www.instagram.com/legal_mask_...

Facebook✨:
  / mask.moonji  

Telegram⚖:
https://t.me/maatrathainokkibroadcast

Youtube:
https://bit.ly/3jUZ8uU

Blog:
https://maskmoonji.blogspot.com/?m=1

#ARBITRATION|MOSTEFFECTIVEDISPUTERESOLUTIONMECHANISM|MASKMOONJI| IN TAMIL#maskmoonji#maskmoonjichannel#Arbitration#proceedings#cases#proceedingsinindia#
processofarbitration#Arbitrator#contestingparties#disputeresolutionmechanisms#judgment#arbitrationandconciliationact1996