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Understanding Arbitration in India by akhinaanwar2720 is a document available to read on EtoBox.

Arbitration is a private dispute resolution process where parties resolve conflicts outside traditional courts, relying on an impartial arbitrator to deliver binding decisions. In India, it is governed by the Arbitration and Conciliation Act, 1996, which promotes arbitration as a faster and more efficient alternative to litigation, especially given the backlog in courts. Despite its advantages, such as confidentiality and flexibility, challenges like enforcement delays and high costs in complex cases remain

Author

akhinaanwar2720

Language

EN