Categories: Law

What are the techniques of Alternative Dispute Resolution?

Why do you prefer Alternative Dispute Resolution over judicial proceedings? So, before we delve into the techniques of Alternative Dispute Resolution, let’s see the reason behind the preferring Alternative Dispute Resolution. Alternative Dispute Resolution allows the parties to collaborate and allow them to understand each other so that the doctrine of harmonious construction can be applied. Alternative Dispute Resolution also allows the parties to come up with the solutions and those solutions are allowed to be imposed. If the parties approached the court, the Court may not legally allow the parties to impose the solution.

 

Arbitration

 

Arbitration is one of the important techniques of Alternative Dispute Resolution. It is the process of settlement of disputes where a person or persons or institution helps in its settlement. It doesn’t engage in litigation.

 

Mediation

 

Mediator is engaged in this process to resolve disputes between the parties. It is an amicable settlement of disputes between the parties.

 

Conciliation

 

Conciliation is an informal process where a neutral third party is engaged to resolve the dispute between the parties.

 

Negotiation

 

In Negotiation the parties themselves resolve the disputes among them by negotiating to the point where both the parties agree and then they form an agreement.

 

Lok Adalat

 

The word ‘Lok Adalat’ itself depicts the meaning of People’s Court. It is a forum where voluntary efforts are made to resolve the dispute between the parties.

In this article, we read why you’ll prefer Alternative Dispute Resolution over judicial proceedings and the techniques of Alternative Dispute Resolution. Now, we will know which process is binding on the parties.

Aditi Harshraj

Recent Posts

New Children’s Book ‘A Day at the Waterhole’ Celebrates Friendship and Harmony in the Jungle

[ad_1] BURLINGTON, Ontario, Canada, May 10, 2024 (SEND2PRESS NEWSWIRE) — A heartwarming story comes to life in “A Day at…

5 days ago

Kasada Secures #4 Spot on Australia’s Best Workplaces™ in Technology List for 2024

Dedication to Fostering a Culture of Care, Innovation, and Impact Drives Global Growth and Recognition by Great Place to Work®SYDNEY…

5 days ago

The Vance Law Firm Hosts 2nd Annual Show at the Shed

[ad_1] The Vance Law Firm presents the 2nd Annual Show at the Shed, a free community event celebrating the world…

5 days ago

Ambarella Announces First Quarter Fiscal Year 2025 Earnings

[ad_1] SANTA CLARA, Calif., May 10, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today…

5 days ago

Share repurchase programme

[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…

3 weeks ago