Arbitration Agreement Archives - Lexresolv

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Arbitration Agreement
What is arbitration? Arbitration is a form of Alternative Dispute Resolution mechanism, which has been in existence since the 1980s. Based on the 1985 UNCITRAL, the Arbitration and Conciliation Act, 1996 governs arbitration in India. It aims to modernize the arbitration law in India and bring it to par with international practices. In other words, it...
Challenges against a decision refusing to recognise an arbitral award There is a right of appeal under Section 50 of the Arbitration Act[1] against a decision refusing to arbitrate a foreign award to the High Court concerned. As an example, that, in the case of a domestic award, the courts can order its annulment Section...
What is Arbitration? Arbitration is a legal procedure in which parties resolve disputes outside of the court system. In addition, it is a less formal way of dispute resolution. The World Intellectual Property Organisation defines arbitration as a procedure in which there is[1]: submission of disputeagreement of partiesarbitrators make a binding decision in the dispute...