The Alternative Dispute Resolution Way
ARBITRATION
Arbitration at TAG is a set of private and confidential proceedings presided over by an arbitrator(s) from our list of highly experienced arbitrators. They can be ex-judge(s) / specialist(s) who have had experiences in matters similar to the dispute. These can be appointed to preside over the matter with the consent of all parties involved and their decision will be final and binding.
Arbitrators
Our arbitrators (Ex-Judges & Industry area experts) function within the parameters of the Arbitration & Conciliation Act, to resolve disputes based on facts & evidence with a binding award in a private setting.
What Is The Role Of An Arbitrator In Your Dispute Resolution?
Our arbitrator(s) play role of both a facilitator as well as a decision maker, while employing diverse variety of skills, tools, relevant legal knowledge and industry-specific understanding.
Analogous to court proceedings, in this privately held formal proceeding, statement of claim and responses can be filed, discovery and inspection can be made, evidences can be exchanged and oral statements can be made along with other legal procedures as given under the arbitration rules.
Having control over the complete process, the arbitrator(s) while taking all the submissions into consideration, will make a decision. A written decision is made in the form of an arbitration award which will additionally contain the summary of the proceedings and reasons behind the specific award.
Contact
MAIN OFFICE
I-21 Jangpura Extension, New Delhi-110014
E-MAIL
TELEPHONE
011 - 45509819
Frequently Asked Questions
What type of disputes can be resolved by arbitration?
Civil disputes and commercial disputes involving business disputes, consumer transactions, boundary disputes and tortious claims are arbitrable and fall under the jurisdiction of the arbitration.
What makes arbitration different from going to court?
Most of the time, arbitration is a less expensive than litigation. Arbitration is often resolved much more quickly than court proceedings. Also, there are lower costs in preparing for the arbitration than there are in preparing for a jury trial.
Are arbitration proceedings confidential in nature?
Yes. The obligation of confidentiality arises with respect to pleadings, transcripts, witness statements, and arguments. Permitting disclosure of these documents to third parties would therefore defeat the purpose of private arbitrations.