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Nomenclature of Arbitration

Saturday, August 29th, 2009

As methods of dispute resolution, arbitration procedure can be varied to suit the needs of the parties. Certain specific “types” of arbitration procedure have developed, particularly in North America.

  • Judicial Arbitration is, usually, not arbitration at all, but merely a court process which refers to itself as arbitration, such as small claims arbitration before the County Courts in the United Kingdom.[6]
  • High-Low Arbitration, or Bracketed Arbitration, is an arbitration wherein the parties to the dispute agree in advance the limits within which the arbitral tribunal must render its award.

 

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Arbitral awards

Saturday, August 29th, 2009

Although arbitration awards are characteristically an award of damages against a party, in many jurisdictions tribunals have a range of remedies that can form a part of the award. These may include:

  1. payment of a sum of money (conventional damages)
  2. the making of a “declaration” as to any matter to be determined in the proceedings
  3. in some jurisdictions, the tribunal may have the same power as a court to:
    1. order a party to do or refrain from doing something (”injunctive relief“)
    2. to order specific performance of a contract
    3. to order the rectification, setting aside or cancellation of a deed or other document.

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Arbitral tribunal

Saturday, August 29th, 2009

The term arbitral tribunal is used to denote the arbitrator or arbitrators sitting to determine the dispute. The composition of the arbitral tribunal can vary enormously, with either a sole arbitrator sitting, two or more arbitrators, with or without a chairman or umpire, and various other combinations.

In most jurisdictions, an arbitrator enjoys immunity from liability for anything done or omitted whilst acting as arbitrator unless the arbitrator acts in bad faith.

 

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Sources of Arbitration law

Saturday, August 29th, 2009

States regulate arbitration through a variety of laws. The main body of law applicable to arbitration is normally contained either in the national Private International Law Act (as is the case in Switzerland) or in a separate law on arbitration (as is the case in England). In addition to this, a number of national procedural laws may also contain provisions relating to arbitration.

 

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Arbitration agreement

Saturday, August 29th, 2009

In theory, arbitration is a consensual process; a party cannot be forced to arbitrate a dispute unless he agrees to do so. In practice, however, many fine-print arbitration agreements are inserted in situations in which consumers and employees have no bargaining power. Moreover, arbitration clauses are frequently placed within sealed users’ manuals within products, within lengthy click-through agreements on websites, and in other contexts in which meaningful consent is not realistic. Such agreements are generally divided into two types:

 

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WIPO Arbitration and Mediation Center

Saturday, August 29th, 2009

ADMINISTRATIVE PANEL DECISION

Indian Farmers Fertiliser Cooperative Limited v. International Foodstuffs Company

Case No. D2001-1110

1. The Parties

The Complainant is Indian Farmers Fertiliser Cooperative Ltd. of 34, Nehru Place, New Delhi-110019, India, represented by Ms. Sangeeta Goel, of M/s Sim & San of New Delhi, India.The Respondent is International Foodstuffs Company, of P. O. Box 4115, Sharjah, United Arab Emirates, represented by Mr. Vinod Arjun Bhagat, of Arjun T. Bhagat & Co., of Mumbai, India.

 2. The Domain Name and Registrar

The disputed domain name is <iffco.com

 

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Justice Tirath Singh Thakur

Friday, August 28th, 2009

 

  • Justice Tirath Singh Thakur, B.Sc., LL.B.- Born on 04.01.1952. Enrolled as an Advocate on April 5, 1974 and practised in the High Court of Jammu & Kashmir at Jammu and Srinagar in Civil, Criminal, Constitutional, Taxation and Service matters.
  • Was Standing Counsel among others for the Income Tax Deptt., University of Jammu, Board of School Education and Reserve Bank of India. Was nominated as a Member of the Law faculty of the University of Jammu.

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Arbitrability

Tuesday, August 25th, 2009

By their nature, the subject matter of some disputes is not capable of arbitration. In general, two groups of legal procedures cannot be subjected to arbitration:

  • Procedures which necessarily lead to a determination which the parties to the dispute may not enter into an agreement upon:[8] Some court procedures lead to judgments which bind all members of the general public, or public authorities in their capacity as such, or third parties, or which are being conducted in the public interest.

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Advantages and disadvantages of Arbitration

Tuesday, August 25th, 2009

Parties often seek to resolve their disputes through arbitration because of a number of perceived potential advantages over judicial proceedings:

  • when the subject matter of the dispute is highly technical, arbitrators with an appropriate degree of expertise can be appointed (as one cannot “choose the judge” in litigation)
  • arbitration is often faster than litigation in court

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Nature of Arbitration

Tuesday, August 25th, 2009

Arbitration is a proceeding in which a dispute is resolved by an impartial adjudicator whose decision the parties to the dispute have agreed will be final and binding. Arbitration is not the same as: