Arvind Arbitration Arbitration has been defined by the Queensland Law society as a “form of dispute resolution falling outside the courts‚ so as to obtain a legally binding decision. Parties choose an independent expert namely‚ an arbitrator to perform the role of a judge‚ who is usually legally trained.” Arbitration has numerous advantages: a) Binding decisions coupled with formality and the option for privacy Some parties feel uncomfortable attending a hearing whereby the public and
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What is Contract Farming ? Contract farming arrangements of different types have existed in various parts of the country for centuries for both subsistence and commercial crops. The commercial crops like sugarcane‚ cotton‚ tea‚ coffee etc. Have always involved some forms of contract farming. Even in the case of some fruit crops and fisheries‚ contract farming arrangements‚ involving mainly the forward trading of commodities have been observed. However‚ in the wake of economic
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“Arbitration or Litigation?” THE REASONS FOR CHOOSING ARBITRATION OVER LITIGATION Over the last few decades‚ as the trade‚ commerce and investment has developed and evolved in an international aspect throughout the world‚ the necessity of an alternative resolution for the disputes arising between the parties involved in international business has occurred. From that necessity‚ international arbitration has emerged as a remedy‚ which is a method for dispute resolution between states‚ individuals
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law enforcement‚ courts and corrections. Each component is essential in the conviction and punishment of offenders in the United States. Each division has its own separate tiers and departments‚ some being more extensive than others. Each part helps the system to function smoothly and efficiently. Law enforcement is divided into three tiers‚ local‚ state‚ and federal. Local law enforcement is the most extensive of the three tiers‚ making up over seventy-five percent of total law enforcement. Local
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A contract is a legally binding agreement or relationship that exists between two or more parties to do or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must backed acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and should be
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The drug that I am going to talk about is the drug found in cigarettes: nicotine. Although some good people do no think that smoking cigarettes will directly affect their lives‚ they are wrong because smoking is nothing but a shortcut to dying. Smoking is not a joke‚ although we see it on TV‚ in comics‚ and maybe right in front of our faces‚ it does affect our health. Did you ever take a close look at the bottom of the cigarette box? Well‚ if you did not‚ this is what it says: SMOKING MAY CAUSE LUNG
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INTERNATIONAL COMMERCIAL ARBITRATION RESEARCH PAPER RESEARCH TOPIC: ARBITRATION AND ALTERNATIVE DISPUTE RESOLUTION IN INDIA: ISSUES AND CHALLENGES IN INTERNATIONAL COMMERCIAL ARBITRATION. TUTOR NAME: PROFESSOR DR. FRANCIS JULIAN STUDENT NAME: GAURAV SHARMA INTRODUCTION Foreign direct investment (FDI) has played an important role in the process of globalization in India during the past two decades. Despite the increasing inflow of foreign capital in the Indian economy‚ India’s
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principles of arbitration is that arbitration proceedings are private. Parties are agreed to submit the disputes arising between themselves and only between themselves as agreed in their arbitration agreement. The confidentiality in the arbitration procedures may be seen when the public are excluded and have no right to attend hearing‚ only the parties to the arbitration agreement and their representatives can attend any arbitration meeting or hearing. In other word‚ arbitration is the outcome
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Discuss the grounds of void contract under Nepalese contract act by illustrating the cases. According to Nepalese Contract act 2056‚” A contract is an agreement between two or more persons to do or not to do something‚ which can be enforceable by law.” The supreme court of Nepal has defined the contract as “an agreement of two or more parties with conditions.” The word void means not binding in law. A contract which cannot be forced by both of the contracting parties is called a void contract
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exclusion clause on the docket handed to Joe (as usual) when he left his items to be dry cleaned. Bruce also points to a sign at the back of the shop which also excludes liability. This question is concerned with the contents of the contract‚ in particular‚ the incorporation of terms into a contract. Sometimes terms are included in a contract which one of the parties denies having notice of‚ especially if these terms are contained in a document that is separate from the main contract. The rules
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