ADhoc Arbitration Vs. Institutional Arbitration

This article has been written by Ms. Anchita Niranjan Chavan, a 3rd year BLS LLB student at Oriental College of Law, Navi Mumbai. INTRODUCTION-  Arbitration is a form of alternative dispute resolution (ADR) that resolves disputes outside the judiciary courts. The dispute will be decided by one or more persons (the ‘arbitrators’, ‘arbiters’ or ‘arbitral tribunal‘), which renders the ‘arbitration…