All disputes that can elegantly be solved through arbitration, are termed as the arbitration disputes. Ours this enlightening and prolific article offers detailed information about arbitration dispute resolution, together with the dispute resolution rules, in domestic and international jurisdictions in all around the globe. Today, this brisk and economical arbitration has emerged out as one of the most prominent and popular means of alternative dispute resolution, especially for the commercial disputes at regional, national, and international levels. In the section below, described separately are the diverse international dispute resolution acts for sorting out commercial problems and disputes in various economic fields in international arenas. Prominent and reputed in countries worldwide for its complete gamut of impeccable services for all areas of the law, our law firm inevitably provides services for arbitration in domestic and international forums worldwide. Ours decent, punctilious, unbiased and responsible arbitration services have helped myriads of individuals, companies, and institutions belonging to various fields, in solving and settling their diverse commercial and other disputes expertly and economically.
Arbitration Dispute Resolution Act
Every sovereign country has a particular arbitration act or law for prompt and perfect adjudication of business and other disputes within its domestic jurisdictions alternatively. For Example, in India, for settling commercial disputes existing between Indian people and entities, and also between these and foreign people and entities, such dispute resolution act is the Arbitration and Conciliation Act, 1996. However, for an internationally or globally recognized solution, and full and proper impartiality, companies doing international business transactions opt for any of the universally prominent international arbitration laws, for settling their contingent dispute in the future. At present, the most acclaimed and preferred laws for international arbitration are - the New York Convention, 1958; the UNCITRAL Arbitration Rules; the Geneva Convention, 1927; the European Convention, 1961; the Washington Convention, 1965; the Geneva Protocol, 1923; and many other international regulations. Any such dispute resolution act should be mentioned in form of an arbitration clause, in the business agreement made in mutual consent by the companies or parting doing international business.