Archives Tag: Settlement Of Dispute
The Arbitral Proceedings
April 19, 2022
Arbitration in Nigeria is governed by the Arbitration and Conciliation Act of 1988, which is based on international standards set under the UNICITRAL Model Law on Arbitration and Arbitration Rules and the New York Convention. Read more about The law and you The substantive law in an arbitral proceeding is the law that governs … Continue reading The Arbitral Proceedings
Powers And Duties Of Arbitrators
April 19, 2022
The impartial third person (or persons) acting in a judicial manner in an Arbitration Proceeding is called an Arbitrator or panel of Arbitrators. An arbitrator/ panel of Arbitrators should generally be independent and unbiased. Read more about The law and you Arbitrators are often compared in this regard to judges, who must meet relatively … Continue reading Powers And Duties Of Arbitrators
Nature Of Conciliation
April 19, 2022
Conciliation is the process whereby the third party (known as the conciliator) in the settlement process is the one to reach a non-binding decision on behalf of the parties, having carefully listened to the facts of the dispute. Read more about The law and you The Conciliation Agreement Where the parties to an agreement … Continue reading Nature Of Conciliation
Alternative Dispute Resolution: Its Methods And Advantages
April 19, 2022
Conflict is bound to arise in any society, and it is the duty of the law to find peaceful ways to resolve those conflicts. The major forum that states have provided for addressing and resolving these disputes is the court system. The formal court process that follows recourse to the courts by parties is … Continue reading Alternative Dispute Resolution: Its Methods And Advantages
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