Miraaj Associates advises, assists and represents clients in the resolution of commercial disputes through alternate dispute resolution processes such as mediation, conciliation and arbitration. our team has considerable experience in domestic and international arbitration. The arbitration regime in India is based on the Arbitration & Conciliation Act, 1996. Arbitration is an alternative to litigation in which an arbitrator or a panel of arbitrators listen to the positions of the disputing parties in a relatively informal proceeding and then issue a decision on how the situation should be resolved.
Pros of Arbitration and Dispute Resolution:-
- - Avoids hostility.
- - Usually cheaper than litigation.
- - Faster than litigation and flexible.
- - Agreements on anti dumping.
- - Simplified rules of evidence and procedure.