ABOUT THE BOOK: Arbitration is the process whereby the parties to a dispute agree to refer to the judgment and decision of a competent and respected neutral 'third party' otherwise known as as 'Arbitrator' rather than have their dispute resolved in an open court of law. Arbitration consists of reference of a dispute to one or more independent persons for settlement, instead of instituting court proceedings. Thus, an arbitrator is a private judge with the same powers as the High Court when ordering specific performance of a contract (agreement). The.
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Saturday, October 13, 2018
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