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Arbitration is the next preferred method where negotiation fails. Unless the parties can agree on arbitration after the dispute has arisen, the underlying contract or separate agreement must indicate that disputes will be resolved through arbitration. The Arbitration clause shall indicate the process of appointment of arbitrator, place of arbitration and number of arbitrators. In many instances, international arbitration is an effective though perhaps underutilised dispute resolution mechanism Especially in China and India. Arbitration also offers an advantage over litigation because of the finality of the rulings. Court rulings are subject to appeal, which means litigation may continue for a lengthy period of time.Agreements to arbitrate usually specify a choice of arbitration body, which may be located in country of contract party or other country.In China there are two Chinese government-sponsored arbitration bodies for handling cases involving at least one foreign party : China International Economic and Trade Arbitration Commission (CIETAC) and China Maritime Arbitration Commission (CMAC). In India there are major three arbitration institute which provides alternate dispute resolution : Indian Council of Arbitration (ICA) Indian Institute of Arbitration & Mediation (IIAM) The International Centre for Alternative Dispute Resolution (ICADR) In Hong Kong, there are three major arbitration institutions : The Hong Kong International Arbitration Centre (or HKIAC) Hong Kong Mediation and Arbitration Centre (HKMAAC) Hong Kong Institute of Arbitrators (HKIArb) Companies should clearly mention in contract an alternative to any country base arbitration if they choose international body like Singapore Arbitration Centre.
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Divorce mediation is an expertise team of professional lawyers that offers legal divorce services with mutual consent.
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Meditation is a peaceful and simple yet powerful technique that effortlessly allows your mind to become calm and composed. Sitting with eyes closed, gives you an unforgettable experience. Meditation work wonders when done in complete silence. It acts as a stress-buster in the hustle- bustle of a city. Our Mediation Services are of premium quality and assure complete relaxation. Benefits Relaxes both mind and soul Rejuvenates Increases blood circulation Cures several diseases
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Nitya Consultants is the foremost company from New Delhi that excels in providing world class arbitration mediation service. Right from conciliation & mediation services to counseling services, we are known for acting as a strong arbitrator to facilitate business operations. Whether it is about carrying out arbitration proceedings or appearing before arbitral tribunals, we make sure that the clients don’t face any discomfort due to proceedings.
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