What do you mean by Arbitration? Discuss the power and duties of the Arbitrator in line with the Arbitration Act of Nepal.
Arbitration is a process for resolving disputes without going to court. In this process, the people involved in a disagreement agree to choose a neutral third person, called an arbitrator, to listen to their arguments and make a decision. The decision made by the arbitrator is usually binding, which means both parties must follow it. … Read more