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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14
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| Paper Title: | Arbitral Proceedings |
| Authors Name: | Kunal Kumar , Dr. Arvind Kumar Singh |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJRTI_181750
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| Published Paper Id: | IJRTI2204013 |
| Published In: | Volume 7 Issue 4, April-2022 |
| DOI: | |
| Abstract: | The various increases within the economic development of states over the past decades have also been amid a notable increase within the amount of trade disputes. It results, alternative dispute resolution mechanisms, including arbitration, to become more crucial for companies working and operating in India additionally as those that do business with Indian companies to act more relevant. With the broader exploration between the quality of legal performance and process in mind, this text is an effort at an appraisal of arbitration in India as a legal institution. This paper discusses dominance in hand resolution. This paper reviews and assesses the international arbitration regime in India and also discusses the foremost important concepts like arbitrator, arbitration agreement, arbitral awards, foreign awards, public order, etc. This document also discusses recognition and enforcement of the award and identifies the Indian regime governing domestic and international commercial arbitration. In international commercial arbitration contracts, ADR techniques are often applied, particularly arbitration is taken into consideration because the resolution of arbitration as a non-public, independent and neutral system, advantages in terms of some time and costs which are considered to be the characteristics of arbitration. Arbitration is becoming increasingly popular among parties to resolve domestic and international business disputes. The aim of the ADR is to supply socio-economic and political justice and to stay up integrity in society enshrined within the preamble. The ADR also strives to urge the equality before the courts and also the legal aid provided for within the article 39A regarding the directive on the principle of the policy of the State. Courts have many reasons for using ADR processes. These motivations include increasing participant satisfaction, reducing time and saving money. |
| Keywords: | arbitration and conciliation, arbitral award, foreign award, domestic arbitration, international commercial arbitration |
| Cite Article: | "Arbitral Proceedings", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 4, page no.71 - 77, April-2022, Available :http://www.ijrti.org/papers/IJRTI2204013.pdf |
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| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2204013
Registration ID:181750
Published In: Volume 7 Issue 4, April-2022
DOI (Digital Object Identifier):
Page No: 71 - 77 Country: Lucknow, Uttar Pradesh, India Research Area: Other Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2204013 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2204013 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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