Central Arbitral Tribunal, Jodhpur

Central Arbitral Tribunal, Jodhpur is a Permanent Arbitral Institution constituted as per the provisions of the Arbitration and Conciliation Act, 1996 to encourage the parties for settlement of disputes in amicable manner through alternative dispute resolution by providing a platform which works in a fair and efficient manner, within scheduled time frame. Cost effective:- The Arbitration proceedin

gs are very cost effective as there is no hidden fees and all the fees are fixed and are very nominal in comparison with regular court proceedings which includes huge expenses of court fees and advocate fee.

2. Speedy:- the arbitration proceedings are more speedy than the regular court proceedings which takes years (time taken in trial proceedings which is about 7-10 years, similarly in High Court and Supreme Court which is about 10-20 years total time taken is about 30 years in attaining the finality of the matter) whereas the Arbitration proceedings are completed within time bound period of six (6) months or may be extended to maximum one (1) year. No appeal lies for the Awards passed by the Central Arbitral Tribunal, Jodhpur.

3. Finality:- the Arbitration Award is final and binding on the parties and cannot be challenged in any court of law except mentioned in section 34 of the Act of 1996. Award passed by the Central Arbitral Tribunal, Jodhpur are enforceable as decree of the civil courts.