International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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ARBITRATION: AN EFFECTIVE MECHANISM TO DISPUTE RESOLUTION

    1 Author(s):  RAM GOPAL

Vol -  5, Issue- 9 ,         Page(s) : 56 - 64  (2014 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Arbitration a useful compliment to the judicial process offers an alternative forum to the time consuming and expensive court proceedings and ensures practical, inexpensive, flexible and speedy resolution of disputes with the consensus of the parties. It is universal that our present judicial system is extremely expensive and delaying. The parties to dispute have to wait for justice for years. This shall naturally reduce the faith in judicial system. These weaknesses of judicial system have given birth to alternative remedies for the disposition of disputes. When alternative remedies provided fast justice, their following increased day by day.

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  2.   Dr. Anupam Kurlwal – An Introduction to Alternative Dispute Resolution System (ADR) pg. – 3-4,2011
  3.   Prof. Nomita Aggarwal – “Alternative Dispute Resolution Concept and Concerns.” NYAYA DEEP voe. VII, Issue Jan, 1st 2006, pg. 68
  4.   Prof. (Dr.) K.P.S. Mahalwar – “Lok Adalat: An Institution of people’s faith” – NYAYA DEEP, voe. VI Issue 4, oct, 1st, 2005 pg. 88.                                                                                                                
  5.   P.C. Rao and William shaffiled – Alternative Dispute Resolution – what it is and how it works. Pg. 24, 1997
  6.   Rubin, J.Z., Pruitt, D.G., and Kim S.H. (1994) Social conflict: Escalation, stalemate and Settlement. 
  7.   Thensted – “Litigation and Less” The Negotiation Alternative” Tulana law Review, No. 1, oct, 1984. 
  8.   Dr. Anupam Kurlwal: An Introduction to Alternative Dispute Resolution System (ADR) pg. 8-9, 2011 central Law Publication.
  9.   Dr. Anupam Kurelwal : An Introduction to Alternative Dispute Resolution System (ADR) Pg. – 29, 2007
  10.   Elkouri & Elkouri : How Arbitration works, 6th edn., 2008
  11.   Supra no. 15 pg. 31-32 , 2007
  12.   Dr. S.C. Tripathi : Arbitration and Conciliation Act, 1996 Pg. – 25, 2015 (fifth edition) 

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