Ad-hoc Arbitration can be sought:

When the parties involved in commercial transaction choose to incorporate arbitration clause as a part of agreement to refer their future disputes When a dispute that arose between the parties to a business transaction could not be settled through mediation or conciliation When the parties agree to submit to arbitration all or any differences which have arisen or may arise Only (c) & (

When a dispute that arose between the parties to a business transaction could not be settled through mediation or conciliation

Ad-hoc Arbitration - An arbitration which is governed by parties themselves, without recourse to a formal arbitral institution. It may be domestic or international in character.