Tips to Choose an Arbitrator for Arbitration Resolution
Arbitration is one of the dispute resolution methods used by individuals to resolve their disagreements. It is an effective method of dispute resolution where an arbitrator listens to every side before pronouncing an award. For this, an arbitration tribunal is permitted to adopt various practices suitable to reach the conclusion. Arbitration is one of the quick and cheap methods of dispute resolution techniques. Generally, parties choose arbitration because it is the private form of dispute resolution technique. Over the years, the International commercial dispute resolution method has become a leading method of resolving disputes. It is a form of dispute resolution method for international commercial agreements and international trade agreements. The SCC registered a total of 213 cases in 2020 which was higher than in 2019. It also indicated a strong share of women arbitrators appointed that year. In a nutshell, arbitration is one of the effective tools for dispute resolu...