Q: What are the kinds of Arbitration?

Ans: The are mainly nine  kinds of Arbitration: 

1. Domestic Arbitration 

2. International Arbitration 

3. Ad hoc Arbitration 

4. Institutional Arbitration 

5. Specialized Arbitration 

6. Contractual Arbitration 

7. Statutory Arbitration. 

8. Fast track Arbitration 

All types of arbitration i.e., Domestic Arbitration,  International Arbitration,  Foreign Arbitration,  Ad hoc Arbitration,  Institutional Arbitration,  Contractual Arbitration,  Statutory Arbitration and Fast Track Arbitration have the following features: 
1. Finality : challenged in court in some specific conditions. 

2. International recognition:  Without Bilateral treaty,  the arbitration has an international recognition.

3. Neutrality: Arbitrator us appointed with the consent of the parties. 

4. Specialized, competence and personal follow up.

5.  Flexibility: Rules are flexible in Arbitration. 

6. Provisional Measures : 

7. Witness : Availability of witnesses are not  mandatory .

8. Speedy Track : Arbitration has speedy track.

9. Confidentiality : Confidentiality is more

10. Costs : Parties need not to pay the costs of Judges and the parties have to pay only to advocates in court but the parties have to bear the costs of arbitrators in Arbitration Tribunal. 

FFN, SIP, WSC

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