Ad-Hoc Arbitration
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In this kind of arbitration, the parties to the dispute agree and prepare for the arbitration proceeding without the intervention of an arbitral institution. As there is no arbitral institution guiding the arbitration, the parties must decide on the following aspects by themselves-
- Substantive law
- Curial law
- Number of arbitrators
- Appointment of arbitrators
This type of arbitration enables the highest form of party autonomy, as the parties are not bound to follow any prescribed rules and procedures. As the parties do not appoint any institute for conducting and facilitating arbitration, they are able to save the administrative cost of the arbitration. Thus, ad-hoc arbitration is cost effective and simple for parties.
The parties can choose to be governed by the rules and procedures of a specific arbitration institution even if the parties have not referred their dispute to that arbitration institution. The parties can prefer to select among the above-mentioned aspects as per their convenience.
In domestic arbitration, the arbitration procedure is conducted within a certain nation, under the domestic laws. In this type of arbitration, the disputing parties belong to the same country and the subject matter of the dispute and cause of action arises in the same country.
Under domestic arbitration, the decision-making is by the arbitrators, who are experts in the concerned matter, and as the arbitrators are appointed as per the choice of both the parties mutually, the chance of any form of biased decision is reduced, and the decision is fair and impartial.
We have a panel of consultant technocrats with domain knowledge and competent associate lawyers with higher education in dispute resolution to support our clients. We have also handled various high-value arbitration matters and related litigation before various domestic and international courts.
We have handled high-value and complex arbitrations before various domestic and international arbitration panels, including institutional arbitrations.
Our expertise includes infrastructure, construction contracts like airports, export contracts, oil and natural gas supply contracts, joint venture disputes, supply contracts, service contracts, technology contracts, and investment and banking contracts.