This Law has helped in settling disputes, domestic as well as international, without the court`s intervention. The appointment of arbitrators are on an increasing mode. Concillition is another aspect mentioned in this book, that plays a role in reaching to an agreement between the parties through persuasion and mediation. Also globalisation has to a great extent stimulated the process of arbitration. The powers and duties of arbitrators, procedure of arbitration, termination of a mandate, interim measures for protection, panel of arbitrators, role of conciliators, etc have also been dealt in this book.
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