Alternate Dispute Resolution (ADR)
We approach to resolve any civil dispute by way of Alternate Disputes Resolution (ADR) i.e. Mediation, Conciliation and Arbitration. Keeping in view the above, the (Indian) Arbitration and Conciliation Act, 1996 was enacted by Indian Parliament wherein provisions have been made recognizing arbitration agreement, composition of arbitration tribunal, procedures for conduct of arbitration, making of awards, recourse against arbitral awards, finality of arbitral awards and their enforcement, enforcement of foreign awards etc. Both New York