Arbitration Clause Requiring 10% Pre-Deposit Hinders Access to Alternative Dispute Resolution, Contradicts Court Burden Reduction Goals.

Arbitration Clause Requiring 10% Pre-Deposit Hinders Access to Alternative Dispute Resolution, Contradicts Court Burden Reduction Goals. https://www.taxtmi.com/highlights?id=45103 Arbitration agreement - Deterring a party to an arbitration from invoking this alternative dispute resolution process by a pre-deposit of 10% would discourage arbitration, contrary to the object of de-clogging the Court system, and would render the arbitral process ineffective and expensive. en-us Wed, 13 Mar 2019 07:29:30 +0530 Wed, 13 Mar 2019 07:29:30 +0530 TaxTMI RSS Generator Arbitration Clause Requiring 10% Pre-Deposit Hinders Access to Alternative Dispute Resolution, Contradicts Court Burden Reduction Goals. https://www.taxtmi.com/highlights?id=45103 Arbitration agreement - Deterring a party to an arbitration from invoking this alternative dispute resolution process by a pre-deposit of 10% would discourage arbitration, contrary to the object of de-clogging the Court system, and would render the arbitral process ineffective and expensive. Highlights Indian Laws Wed, 13 Mar 2019 07:29:30 +0530 https://www.taxtmi.com/highlights?id=45103