Arbitration

Author Topic: Arbitration  (Read 467 times)

Offline AbdurRahim

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Arbitration
« on: November 15, 2015, 09:21:46 AM »
Settlement of a dispute (whether of fact, law, or procedure) between parties to a contract by a neutral third party (the arbitrator) without resorting to court action. Arbitration is usually voluntary but sometimes it is required by law. If both sides agree to be bound by the arbitrator's decision (the 'award') it becomes a binding arbitration.

Offline Sonali_Rani

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Re: Arbitration
« Reply #1 on: November 24, 2015, 02:16:50 PM »
 If they are not agreed to the award given by the arbitrator is the case will re institute in court? 

Offline Ferdousi Begum

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Re: Arbitration
« Reply #2 on: February 09, 2016, 03:23:18 PM »
I don't think so ma'am.