Arbitration

WHAT IS ARBITRATION AND CAN A PARTY BE FORCED INTO IT ? : THAT’S WHAT SUPREME COURT EXPLAINED IN INDO WIND ENERGY LIMITED V/S WESCARE INDIA LIMITED & ANR. (PART-I)

For having an effective and timely adjudication of the dispute, you should in the beginning itself, execute an agreement with the Contractor. In this agreement you should include an Arbitration Clause which will state that if there is any dispute between you and the contractor then both of you will approach an arbitrator, who will decide the dispute in an impartial manner.