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    <title>INSTITUTIONAL, STATUTORY AND AD-HOC ARBITRATION</title>
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    <description>Arbitration occurs as institutional, ad-hoc or statutory processes with differing appointment, procedural and remedial consequences. Institutional arbitration uses designated institutions governed by rules, graded and promoted by an Arbitration Council; courts may designate institutions or panels and institutions set fees and timetables, subject to exceptions for international cases. Ad-hoc arbitration is party-managed with courts appointing arbitrators when parties fail to agree. Statutory arbitration arises from specific enactments that prescribe appointment and finality, often excluding application of the Limitation Act.</description>
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