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In India, arbitration proceedings are of two types: ad-hoc arbitration and institutional arbitration. The parties have the option to seek recourse to either of them depending on their choice and convenience.
Ad-hoc arbitration: It refers to an arbitration where the procedure is either agreed upon by the parties or in the absence of an agreement, the procedure is laid down by the arbitral tribunal. Thus, it is an arbitration agreed to and arranged by the parties themselves without seeking the help of any arbitral institution.
In Ad-hoc arbitration, if the parties are not able to nominate arbitrator/arbitrators by consent, the appointment of arbitrator is made by the High Court (in case of domestic arbitration) and by the Supreme Court(in case of international commercial arbitration). In India, still most of the arbitrations are Ad-Hoc Arbitrations.
Institutional arbitration: In an institutional arbitration, the arbitration agreement may stipulate that in case of dispute or differences arising between the parties, they will be referred to a particular institution such as:
All these institutions have framed their own rules of arbitration which would be applicable to arbitral proceedings conducted by these institutions. Such rules supplement provisions of the Arbitration Act in matters of procedure and other details as the Act permits. They may provide for domestic arbitration or for international commercial arbitration or both and the disputes dealt with by them may be general or specific in nature.
The Indian Council of Arbitration, being the apex body in arbitration matters in the country, has handled the largest number of international cases in India.
The Arbitral Institutions have fixed arbitrator’s fees, administrative expenses, qualified arbitration panel, rules governing the arbitration proceedings etc., which help in the smooth and orderly conduct of arbitration proceedings. Some of the prominent institutions which conduct institutional arbitration in India are:
I want to join arbitration training course.
I, Anand Mohan, want to join Arbitration Training Course. Please tell me the procedure.Regards
Contact Nani Palkhiwal arbitration Centre, they conduct arbitration classes of CIArb U.K. - Venkatesan Ramakrishnan, Arbitrator, Chennai
Hi Venkatesan,I am also arbitrator from the institute. How do I get registered or empaneledPlease call9892178178
I have recently got through in the Certificate course of Arbitration examination conducted by The Institute of Cost Accountants of India, Kolkatta in June 2019. I am graduate in commerce 1967, LLB 1974, AICWA 1974,AIII 1989, INSURANCE -SURVEYOR since 1981 & presently FIIISLA. Served in private as well in public sector undertakings for about 14 years since 1967 to 1981 out of which for about 7 years in senior positions. Conducted number of investigations with positive results in the insurance industry. Presently working as Insurance Surveyor at Ahmedabad & conducted highest Survey in an incident for Rs.34 crores. In case my particulars suits to your requirement, you may assign the job of Arbitration suitable in the fields.
Dear Mr. Nahar, I am glad to know that you are a Cost Accountant and a certified arbitration professional. I am also Cost Accountant and passed certificate course of Arbitration from our Institute of Cost Accountants of India. Hope, you are getting arbitration assignments. Let us remain in touch. I share my contact number: 9892155585 from Navi Mumbai.
I am senior advocate practising at District and session court Rewari Haryana. I am qualified Arbitrator Mediator and councillor, studied PG in ADR from NALSAR University of Law Hyderabad. I have my own court room to facilitating proceedings. Any requirement on above fields, please contact me. Email- jitendarvakil@gmail.com Mob.9416420779.
Advocate Rajendra Singh Charan enrollment number R/3549/2010 of Rajasthan High court Jodhpur and Bikaner district Bar association and doing practice as an Advocate
Advocate Rajendra Singh Charan Bikaner Rajasthan High court Jodhpur enrollment number is R/3549/2010 and passout BCI examinationMy mob 8955998609
