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An assortment of practices and procedures fall under the wide range of “alternative dispute resolution”. Arbitration and Mediation standout among others and are the most utilized practices of compromise. Other methods of dispute resolutioninclude Mini-Trials,LokAdalats, conciliation, and negotiation. In this era, the Indian Judiciary is unfortunately infamous for a history of delay in the process of justice which causes dependenceon ADR methodology as an alternative to provide ease to the parties involved. It also saves their time and money.
Arbitration has emerged as a commercially significant method of dispute resolution and hence, having speedy, efficient, cost effective and fair settlement arbitration is the key for India to become a leader amongst developing nations.
Anchor/producer- Kriti
Video Editor- Fahad
Camera- Sudhanshu
Camera Assistant- Pradeep
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