TYPES OF ALTERNATIVE DISPUTE RESOLUTION

INTRODUCTION OF ADR
Alternative Dispute Resolution was conceived of as a dispute-resolution method not part of the courts of law created by the Sovereign or the State. ADR is an umbrella term for processes or procedures that parties could use to resolve disputes instead of bringing a case by way of the court system. ADR is a crucial part of our civil justice system and has grown in the last forty years.

Arbitration is a technique for the settlement of disputes that is an alternative to the standard judiciary procedure. It is among the options for alternative dispute resolution (ADR). Of all the types of ADR like mediation, conciliation and negotiations, etc. Arbitration has emerged as the most popular type of ADR. It is more well-established in its effectiveness. The law that governs arbitration is included within the Arbitration and Conciliation Act, 1996. It became effective on January 25 in 1996. Now, it's in force as the Arbitration and Conciliation (Amendment) Act 2019 that was enacted in India on August 9, 2019, to facilitate the use of arbitration institutions in India and speed up the resolution of commercial disputes, intending to create India an important central hub for domestic arbitration and internationally-based commercial arbitration. Similar to arbitration, conciliation is becoming more widely recognised as a means of resolution of disputes. With time, phrases like "Arbitration and ADR" came into fashion, which meant the distinction between arbitration and other ADR types.

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