Alternate Dispute Resolution from Indian Corporate Perspective - Analysis and Trends
Article from: TDM 6 (2014), in Dispute Resolution from a Corporate Perspective
This article is an attempt to examine and analyze few of the issues that acted as a speed-breaker to the growth of alternate dispute resolution settlement process in India and view the trends to envision the future outlook. History of resolving disputes through negotiations, mediation and arbitration in India can be routed to the ancient 'Panchayati Raj System'. 'Panchayat' means a body of five persons, now known as Arbitral Tribunal and 'Panch' means Arbitrator. The 'Sarpanch' and the 'Head Panch' are now called the Umpire. The adversarial system of ...