Practicing Success
An arbitration which is mandatorily imposed on the parties by operation of a particular law or statute, applicable to them, is known as: |
Statutory Arbitration
Ad-hoc Arbitration
Institutional Arbitration
Educational Arbitration |
Statutory Arbitration |
Statutory Arbitration - An arbitration which is mandatorily imposed on the parties by operation of a particular law or statute, applicable to them. For example, the Defence of India Act, 1971 is one such legislation that mandates a recourse to arbitration in case of any dispute arising within the Act. |