Daffodil International University

Faculty of Humanities and Social Science => Law => Topic started by: AbdurRahim on November 15, 2015, 09:21:46 AM

Title: Arbitration
Post by: AbdurRahim 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.

Title: Re: Arbitration
Post by: Sonali_Rani 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? 

Title: Re: Arbitration
Post by: Ferdousi Begum on February 09, 2016, 03:23:18 PM

I don't think so ma'am.