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Bombay High Court
Open full web resultsWhat is Arbitration: Meaning, Types & Process - iPleaders
Arbitration is a form of dispute resolution in which the parties agree to submit their dispute to a private tribunal of one or more arbitrators, whose decision, the arbitral award, binds them.
Arbitration Process in India: Step-by-Step Guide 2026
The Mumbai Centre for International Arbitration (MCIA), the Delhi International Arbitration Centre (DIAC), the India International Arbitration Centre (IIAC, a statutory body), and the Indian Council of Arbitration (ICA) all administer arbitrations under their own rules.
Arbitration - Wikipedia
Arbitration is a formal method of dispute resolution involving a neutral person or entity who makes a binding decision (commonly called binding arbitration). The neutral third party (the 'arbitrator,' 'arbiter,' or ' arbitral tribunal ') renders the decision in the form of an ' arbitration award '. [1]
What is Arbitration? - lawbhoomi.com
It involves the appointment of one or more neutral arbitrators who make binding decisions on disputes based on the evidence and arguments presented by the parties involved. Arbitration is often preferred in commercial and contractual disputes due to its flexibility, confidentiality, and efficiency.
What is arbitration - iPleaders
Arbitration is a key ADR method that can be historically traced to the village panchayat days, when the elders used to resolve disputes between persons based on principles of natural justice. In simple words, arbitration is a method of resolving disputes between parties without going to court.
THE ARBITRATION AND CONCILIATION ACT, 1996 ARRANGEMENT OF SECTIONS
“arbitration” means any arbitration whether or not administered by permanent arbitral institution; “arbitration agreement” means an agreement referred to in section 7; 22nd August, 1996, vide notification No. G.S.R 375(E), dated 22nd August, 1996, see Gazette of India, Extraordinary, Part II, sec. 3(i).
Indian Council of Arbitration
The main objective of ICA is to promote amicable, quick and inexpensive settlement of commercial disputes by means of arbitration, conciliation, regardless of location. Non-Refundable Registration Fee of Rs.15,000/- plus applicable taxes for claims up to Rs. 2 Crore.
What Is Arbitration? - FindLaw
Arbitration occurs when parties seek to resolve a legal dispute outside of the court system. They use a neutral third party called an arbitrator. An arbitrator is often a retired judge or attorney. Arbitration, like mediation, provides an alternative to filing a lawsuit and going to court.