ABOUT THE BOOK: Arbitration is the process whereby the parties to a dispute agree to refer to the judgment and decision of a competent and respected neutral 'third party' otherwise known as as 'Arbitrator' rather than have their dispute resolved in an open court of law. Arbitration consists of reference of a dispute to one or more independent persons for settlement, instead of instituting court proceedings. Thus, an arbitrator is a private judge with the same powers as the High Court when ordering specific performance of a contract (agreement). The arbitration law implies that there can be no arbitration out of court without a formal agreement between the parties-- to refer the decision of the arbitrator whose decision is called 'Award'. In this respect, therefore, all matters that might be settled by an action between litigants in a court of law may be referred to arbitration except purely criminal matters, bankruptcy proceedings and matters affecting status, such as dissolution of marriage which falls under the family law. Now you can buy Books online in USA,UK, India and more than 100 countries.
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