Our firms with a team of best lawyers for arbitration matters as our best advocates for arbitration matters aim to cover international commercial arbitration and conciliation as well as domestic arbitration and conciliation comprehensively completely. To make provision for an arbitral procedure which is fair, efficient, and capable of meeting the needs of the specific arbitration.
1. It provides that the arbitral tribunal must give reasons for its arbitral award.
2. To ensure that the arbitral tribunal remains within the limits of its jurisdiction.
3. To minimize the supervisory role of courts in the arbitral process.
4. To permit an arbitral tribunal to use Mediation, Conciliation, or other procedures during the arbitral proceedings to encourage settlement of disputes.
5. To provide that every final arbitral award is enforced in the same manner as if it were a decree of the court.
6. To provide that a settlement agreement reached by the parties as a result of conciliation proceedings, it will have the same status and effect as an arbitral award.