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Arbitration Services
Expert representation in domestic and international arbitration proceedings for commercial dispute resolution
What is Arbitration?
📌 Overview
Arbitration is an alternative dispute resolution method where disputes are resolved outside court by one or more arbitrators. HLAPL provides comprehensive arbitration services including arbitration agreement drafting, arbitrator appointment, and award enforcement.
✅ Key Aspects
Domestic arbitration under Arbitration Act, 1996, International arbitration (ICC, LCIA, SIAC, UNCITRAL), Arbitration agreement drafting, Arbitrator appointment (sole/panel), Interim measures from court, Arbitral award enforcement (Section 36), and Challenge to award (Section 34).
⚖️ Legal Framework
Arbitration in India is governed by the Arbitration and Conciliation Act, 1996 (based on UNCITRAL Model Law). Key features: party autonomy, limited judicial intervention, fast-track procedure, and finality of awards (with limited challenge grounds under Section 34).
Important FAQs
❓ What is the time limit for arbitration award?
Under Section 29A of Arbitration Act, an arbitral award must be made within 12 months from the date of arbitrator appointment, extendable by 6 months with party consent or court order.
❓ Can arbitration award be challenged?
Yes, under Section 34 of Arbitration Act on limited grounds: incapacity of party, invalid arbitration agreement, lack of proper notice, award beyond scope, composition issues, or patent illegality.
❓ What is the difference between arbitration and mediation?
Arbitration is binding with an arbitrator acting as private judge issuing an enforceable award. Mediation is non-binding with a mediator facilitating settlement; parties may accept or reject.
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