Question

The different forms for arbitration. which form is best and worst

Answer 1

Arbitration has different methods which combined together and referred to as alternative dispute solution.

It offers cost-conscious and streamlines choice while dealing with some risks. It is the safest way to get a solution for problems without going to court.

It also reduces expenses for spending court and explores all the evidence presented.

Answer 2

Different Forms of Arbitration:

The Forms of arbitration implies to the measures of solving disputes other than legal and through court.  

The various forms of arbitration are as follows,

• Voluntary Arbitration - This type is enjoyed by the disputing parties as their negotiation is totally mutualistic and independent without any external pressure, and hence is the best form of arbitration.

• Compulsory arbitration – It is where court commands to resolves disputes without legal measures and is bounded by the court objectives and observation and hence the worst form of arbitration.

Apart from these there are others forms of arbitration such as Institutional, International, Domestic, Ad-hoc, Statutory as well as Foreign.