Arbitration in India is an alternative dispute resolution method used to settle disputes outside courts. It focuses on faster resolution, reduced costs, and party autonomy. Over time, arbitration has gained importance due to judicial reforms and a growing need for efficient commercial dispute resolution.
BulletsIn
- Alternative to court-based dispute resolution
- Faster and cost-effective compared to litigation
- Governed mainly by Arbitration and Conciliation Act
- Parties choose arbitrator and procedure
- Limited court intervention encouraged
- Widely used in commercial and contract disputes
- Confidential process, unlike open court trials
- Awards legally binding and enforceable
- Growing focus on institutional arbitration
- Aims to ease court burden and delays




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