Author: Amar Nagsen, Student at Symbiosis Law School, Nagpur
ABSTRACT
Any method of resolving conflicts outside of court is referred to as alternative dispute resolution (ADR). Early neutral evaluation, negotiation, conciliation, mediation, and arbitration are frequently included in ADR. Certain regulations pertaining to dispute resolution in India through ADR mechanisms are outlined in the Arbitration and Conciliation Act, 1996.
Benefits of ADR – ADR frequently reduces costs and expedites resolution.
By lowering the volume of cases that are frequently brought in courts, it lessens the pressure on those institutions.
In ADR procedures like mediation, parties are heavily involved in resolving their own conflicts. It frequently leads to original solutions, enduring effects, higher levels of satisfaction, and strengthened bonds.