Articles

June 28, 2022

Topic: What is Hawala?

Introduction An unstructured, unlicensed method of transmitting foreign cash within a nation is known as “HAWALA.” All with no documentation, checks, or transparency, this system functions and runs in a manner comparable to that of conventional financial institutions. Transfer is the English translation of the Arabic term hawala. “Hundi” is another name for it. Because it…

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Difference between Arbitration and Conciliation

Primary difference between arbitration and conciliation is that arbitration is the process by which parties select an independent person, who renders a decision regarding the case. Conversely, conciliation attempts to make parties come to an agreement, about the problem at hand. Industrial Disputes are always harmful to all stakeholders – employees, society, management, government, etc.…

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