Author- admin
Date:May 27, 2022
How can parties go to arbitration ? For adjudication of dispute through arbitration, as per section 7 of the Arbitration & Conciliation Act, 1996 an arbitration agreement must exists between the parties. As per section 7 of the Arbitration & Conciliation Act, 1996 1. An arbitration agreement may be in the form of an arbitration […]
Author- admin
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How arbitration is beneficial? We take example of filing a suit and will see how arbitration is beneficial Suit in District Court / High court Arbitration Court fee is payable for filing suit (Ranging from 1 % to 7 % of valuation) Initially, no fee is payable. On Award Rs. 100 per Rs. 1 Lac […]
Author- admin
Date:
Is Arbitrator’s decision or award binding on parties Any decision made or final award passed by the arbitration is legally binding upon the parties, in the same manner, a judgement or decree is binding. Furthermore, as per the international conventions, any arbitration awards or judgement in foreign countries are enforceable or executable in India and […]
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Date:
Who is an arbitrator? Arbitrator meaning The arbitrator is an individual appointed with the consent of the parties or as per the provisions of the Arbitration & Conciliation Act, 1996 to adjudicate the dispute between the parties. Penal of the arbitrator(s) may be more than one, depending upon the agreement between the parties, however, as […]
Author- admin
Date:
What is arbitration? Arbitration meaning Arbitration is a procedure under which : => Dispute is referred to an arbitrator or more than a single arbitrator (the number of arbitrators has to be odd in number). => Arbitrator conducts the proceeding of adjudication of the dispute between the parties. => Arbitrator passes an award. An agreement […]
Author- admin
Date:April 12, 2022
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Author- admin
Date:April 11, 2022
Clark digital is a full-service digital marketing agency based
Author- admin
Date:
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