After reading the title of post  numbers of questions comes in our mind as to which disputes are best handled in the court of law and which disputes are handled best by arbitration which by other methods of alternative dispute resolution -

  Following are some advantages as against litigation-

   1) That arbitration allows the parties to keep private the details of dispute ;

   2) The parties can choose their own rules or procedure;

   3) There is greater scope for minimizing acrimony ;

   4) The cost can be kept low

   5) The times and places of hearing can be chosen according to convenience

   6) There will be saving of time .

   7)  the ability of the parties to choose their own judge permits and choose of an expert in the field who is more able to view the dispute in its commercial setting.

0 comments:

Post a comment

See Also..