The traditional mode of dispute resolution i.e. litigation is a lengthy process leading to unnecessary delays in dispensation of justice as well as over-burdening the Judiciary. Therefore, in such a scenario, Alternative Dispute Resolution (ADR) mechanisms like arbitration, conciliation and mediation etc offer better and timely solution for resolution of a dispute. These ADR mechanisms are less adversarial and are capable of providing an amicable outcome in comparison to conventional methods of resolving disputes. Our Firm has separate team for Arbitration Practice including domestic arbitration & International Arbitration, under the leadership of Mr A K Singh renowned Arbitration lawyer in India. The Aegis Legal is the pioneer in the Arbitration practice in India and has been engaged in various top-notch arbitration cases across the country.
ADR (Alternate dispute Resolution) includes:
- Arbitration
- Mediation
- Conciliation
Arbitration is a quasi-judicial proceeding, wherein the parties in dispute appoint an arbitrator by agreement to adjudicate the said dispute and to that extent it differs from court proceedings.
The key objectives of the Arbitration and Conciliation is:
- Reducing Court intervention;
- Providing for speedy disposal of the disputes;
- Amicable, swift and cost-efficient settlement of disputes;
- Ensuring that arbitration proceedings are conducted in a just, fair and effective manner;
- Comprehensively dealing with international commercial arbitration and conciliation as also domestic arbitration and conciliation;
- Facilitating arbitrator to resort to mediation, conciliation or other procedure during the arbitral proceedings to encourage settlement of disputes;
- Provide that every arbitral award is enforced in the same manner as if it were a decree of the court.
