Abstract For Adr and Its Types - Shirin Razdan

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

ABSTRACT

Alternative Dispute Resolution which is commonly referred as ADR refers to the strategies for
resolving disputes without going to court. It refers to a range of approaches and methods for
resolving disagreements over law without going to court. It encompasses a variety of social
and institutional approaches to conflict resolution. These techniques give both the sides forum
choices, each immersed in a unique cultural setting.

The primary purpose for which individuals seek ADR is to avoid the costs of engaging to court
and hiring lawyers. There are currently four kinds of Alternative Dispute Resolution methods
such as Conciliation, Arbitration, Mediation and Negotiation which is the settlement of
conflicts.

The goal of this present research is to explore Alternative Dispute Resolution and its kinds so
as to resolve conflicts by ensuring to provide advantage to both the parties over the course of
lawsuit. Also, in order to boost the popularity of alternatives to litigation it was encouraged
further as a system whereby both the sides could elect their own judge and create their own
regulations. The research also delves into the attempts to frame the compelling reasons for
Alternative Dispute Resolution as an enforced settlement or a recommended remedy.

Alternative Dispute Resolution appears to encompass a wide variety of possible merits. Among
them is the decrease in transaction expenses related to settling disputes since ADR methods are
more economical and time efficient than the conventional judicial proceedings. This research
is mainly focussed upon Mediation, Conciliation and Arbitration as opposed to negotiation
which is certainly most prevalent means of resolving disputes out of the court.

The rationale and past development of Alternative Dispute Resolution has been included in the
introduction. Objectives and appeals throughout ADR are covered in second section. The final
list contains situations where ADR is still applicable. The suggestions and recommendations
offered depicts as an amalgamation of first and second list findings.

Keywords: Alternative Dispute Resolution (ADR), Arbitration, Negotiation, Mediation,


Conciliation

You might also like