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Arbitrating Sociological Schools Of Thoughts: Commercial Arbitration

Author(s) Dr. Arti Aneja
Country India
Abstract This paper aims to present a critical analysis of commercial ADR through a sociological point of view. Various methodological issues revolve around the understanding of commercial ADR. Solving such an issue has been a tremendous literally task. Given the plethora of conflicting opinions, an attempt is made in order to ascertain the correct passage towards eliminating such problems which are interpretative and methodological in nature. The aim is to extrapolate various issues surrounding the interpretation, understanding and reaching a probable solution through various studies and reference. From the change in dynamics, it was seen how the regime of ADR is not based on spontaneity and how it has become the spearhead of resolving methods in an alternate manner. Further, an emphasis has been made on the preference on the parties who choose ADR as the means. This is to say that there have been multiple choices of people choosing ADR in cases where they prefer a settlement and on the other hand, in cases, where the parties do not. Similarly, there have been various studies on such preferencws which have produced conflicting result. This has led to the thought of whether such an issue is too wide and multifaceted to have a well-thought solution or every case has to be dealt with keeping the specific facts in mind. The paper is successfully found 5 pointers of overhauling commercial ADR in order to suit maximum efficiency.
Keywords ADR, Sociology, Methodical Problems, Global Dynamics, Empirical Studies
Published In Volume 3, Issue 1, January 2022
Published On 2022-01-19
Cite This Arbitrating Sociological Schools Of Thoughts: Commercial Arbitration - Dr. Arti Aneja - IJLRP Volume 3, Issue 1, January 2022.

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