Different Types of Arbitration

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Different types of Arbitration

Domestic Arbitration An arbitration with Indian parties, where


the place of
arbitration is in India and rules applicable
are Indian.

Foreign Arbitration An arbitration where proceedings are


conducted in a place
outside India and the award is required to
be enforced in India.

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.
Institutional Arbitration An arbitration where parties select a
particular
institution, which in turn takes the
arbitration forward by selecting an
arbitrator
and laying out the rules applicable within
an arbitrationExamples of
prominent institutions of arbitration
include, The London Chamber of
International Arbitration (LCIA) which has
its offices across the world, including
New-Delhi, India.

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

International Commercial Arbitration An arbitration in which at-least one of


the disputing parties is a resident/body
corporate of a country other than India.
Arbitration with the government of a
foreign country is also considered to be an
international commercial arbitration.

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