Cost under Arbitration

This article has been written by Ms. Pratibha Mittal, a 1st year B.COM.LL.B. (Hons.) student of University Institute of Legal Studies, Panjab University, Chandigarh. Introduction  Arbitration is not a recent instrument used to avoid the drawbacks of current litigation; rather, arbitration has its origins in history’s most ancient societies as a preferable way to resolve…