Arbitrator Archives - Lexresolv

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Arbitrator
 An arbitrator is like a judge who issues a legally binding award to the parties entered into arbitration. However, a judge and an arbitrator cannot be misunderstood for each other as arbitration and litigation are two different things entirely. The process of arbitration is less formal and both parties agree to the choice of the...
Introduction When disputing parties agree that one or more individuals will decide on the issue after obtaining evidence. And hearing arguments is called arbitration (it is a private process). An arbitrator has the ability to decide on a disagreement, which distinguishes it from mediation. Similar to a trial, the parties make opening remarks and present...
Arbitration Hearing Arbitrator hearings rely more heavily on counsel’s representations than judges or juries. This is as of the loosened evidence rules, less formal hearings, and smart decision-makers. The Arbitration hearing comes out to be fundamental and strong as the parties come in place of solving issues in a very vivid and professional manner. If...
When is arbitration used? Arbitration is just another 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...
Arbitration is a method of resolving disputes. Instead of a third party helping disputing parties find common ground, arbitration. It entails a binding ruling that puts an end to their disagreement. In arbitration, the parties give the arbitrator the authority to decide the issues. Each of the parties to a dispute accepts the decision of...