Alternate Dispute Redressal Mechanism
Alternate Dispute Resolution (ADR) mechanisms offer alternatives to traditional court litigation for resolving disputes outside the formal judicial system. These mechanisms aim to provide swifter, cost-effective, and more flexible ways to settle disputes.
Types of ADR
Arbitration
- Disputes are submitted to an arbitral tribunal, which issues a decision usually binding on the involved parties.
- This process is less formal than a trial, often relaxing rules of evidence.
- Typically, there's limited scope for judicial intervention, except for certain interim measures.
Mediation
- An impartial individual known as a "Mediator" assists parties in seeking a mutually acceptable resolution without deciding the dispute. ....
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