Arbitration is outside the court settlement of a dispute by one or more (odd number) persons who are appointed as arbitrators by both the parties. It is governed by the Arbitration & Conciliation Act 1996. Arbitration proceedings are simplified forms of trial, with simpler rules and no discovery of evidence. The out of the arbitration – or the arbitral award – is binding on both parties. The parties get to choose the arbitrator and the process can only happen with the consent of both parties involved. In addition to their selection of neutrals of appropriate nationality, parties are able to choose such important elements as the applicable law, language and venue of the arbitration to ensure that no party enjoys a home court advantage. It is a confidential proceeding. There are various of international arbitration institutions that are renowned worldwide. Some examples of these include: London Court of International Arbitration (LCIA), International Chamber of Commerce (ICC), Singapore International Arbitration Center, Hong Kong International Arbitration Center etc.
India Law Offices holds the reputation of one of the leading law firms in India for domestic/international arbitration and mediation practice. Our team of experts is known to have dealt with complex arbitration matters that involve a study of multi-jurisdictional matters require creative solutions and approaches. from representing government undertakings to major companies in industries such as Banking & Financial Services, Telecom, Energy, Oil & Gas, Infrastructure, Pharmaceuticals, FMCG, Media and IT, India Law Offices LLP has always sought to provide cutting-edge arbitral solutions to the satisfaction of its clients. Our dedicated and specialized team of lawyers has extensive experience and expertise in handling all stages of complex commercial arbitrations from designing negotiation strategies and developing dispute resolution plan to draft petitions and representing in arbitration hearings. We have experience at most renowned arbitration conventions such as the ICC, LCIA, Indian Council of Arbitration (ICA), Austrian Centre for International Commercial Arbitration, Dubai International Arbitration Centre etc. Our experts can help in the interpretation of the Arbitration & Conciliation Act whilst ensuring that proceedings are held within the ambit of the Act.
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