ADR is a dispute resolution process and technique, also known as external dispute resolution. Whenever a dispute is to be settled by ADR, disagreeing parties can rely on Arbitration System to come to an agreement short of litigation. As the whole process is characterized by neutrality, the parties get  complete freedom to choose from the options like venue, the language of the proceedings, the applicable law. They also get the control over the selection of the individual or individuals who will decide their disputes. At the same time these parties can take advantage of the confidentiality, security and, the excellent administrative and concierge services offered by it.  

Statesman Chambers is thrilled to serve and provide skilled administration and comfortable surroundings, which are conducive to the efficient and effective conduct of arbitral proceedings.

Advantages of Arbitration and mediation Services Over Traditional Judicial Court System

Quick :

Federal courts take much longer to resolve cases through trial and appeal than arbitration.

Confidential:

Arbitration proceedings are usually open only to the parties and their counsel. Sensitive information—even the very existence of the dispute— will remain unavailable to the media and competitors.

Comfortable:

Parties can use their usual counsel to represent them in arbitration and need not fear litigating in unfamiliar foreign courts.

Flexible:

Complete freedom of the parties to choose from a wide range of options - venue, the applicable law, the language of the proceeding and much more.

Cost Effective:

Parties of a case are constrained from using the funds at issue; therefore, the greater the amount at issue, the greater the loss associated with delay.

Goodwill:

Arbitration/mediation can maintain goodwill as it  increases the chances of reaching an agreement that will satisfy both parties and allow them to work together in the future.

 

In a Conference held in New Delhi on 4th December, 1993 under the Chairmanship of the then Prime Minister of India and presided over by the Chief Justice of India, the following Resolution was adopted :- “The Chief Ministers and Chief Justices were of the opinion that Courts were not in a position to bear the entire burden of justice system and that a number of disputes lend themselves to resolution by alternative modes such as arbitration, mediation and negotiation. They emphasised the desirability of disputants taking advantage of alternative dispute resolution which provided procedural flexibility, saved valuable time and money and avoided the stress of a conventional trial”.