The primary objective for the formation of Lounge for Arbitration and Legal Services is to provide a complete redressal mechanism for alternative dispute resolution, be it technical, legal or financial, in the present infrastructure development scenario. We have a very well qualified and experienced team with expertise in all these fields.
Negotiation and Arbitration have been widely used in most advanced economies for over 40 years as an alternative method of dispute resolution. The World Bank Doing Business Report has indicated that 174 economies have recognized voluntary mediation or conciliation as a valid method of resolving contractual disputes , in addition to formal courts. Mediation offers many benefits, such as reduced legal costs, prevention of future or full-fledged litigation and the flexibility in finding a solution to the dispute based on mutual parties’ interest, rather than solely on legal rights.
The high level committee to review the institutionalisation of arbitration mechanism in India presented its report…
The Arbitration and Conciliation (Amendment) Bill, 2018 was introduced in Lok Sabha by the Minister for…
The Arbitration and Conciliation Act 1996 is an Act that regulates domestic arbitration in India. It…
In a unique first we are also offering an umbrella of legal services which includes pre-litigation works like Contract Auditing, Finalisation of Terms and Conditions, Due Diligence, Case Management and Independent Legal assistance.