Evolution and development of arbitration in India

Abstract

We will always have differences, but we must resolve them all via arbitration, whether religious or otherwise Mahatma Gandhi Arbitration is the process of a neutral third person, known as an arbitrator, resolving a disagreement between two parties. Arbitration is a kind of conflict settlement that takes place outside of the courts. One of the inherent goals of this is to limit the extent of judicial involvement. It aids in the quick resolution of the issue. The Arbitration and Conciliation Act of 1996 governs arbitration in India. The history of arbitration in India may be split into three periods: ancient times, British times, and now. Arbitrators are the masters of their procedures in arbitration, and the award made by the arbitrator is legally binding on the parties to the case. Disputations are settled in various ways throughout the world, and they are classified into two categories.