Answer Posted / pankaj sharma
Alternative dispute resolution (ADR) (also known as
external dispute resolution in some countries, such as
Australia[1]) includes dispute resolution processes and
techniques that act as a means for disagreeing parties to
come to an agreement short of litigation. ADR basically is
an alternative to a formal court hearing or litigation. It
is a collective term for the ways that parties can settle
disputes, with (or without) the help of a third party. ADR
are ways and methods of resolving disputes outside the
judicial process
| Is This Answer Correct ? | 1 Yes | 25 No |
Post New Answer View All Answers
What are RTGS and NEFT?
Define CRR? What is the current CRR?
By Using Visualizations,what Goals Can Users Can Achieve?
Any idea about 'Freedom of Religion'?
What Is Alternative Minimum Tax (amt)?
How many types of subsidiaries does rbi have?
Why do you need to subtract cash from the enterprise value formula?
What is a derivative?
What is the role of banks in strengthening the economy?
What are the different types of tools provided to the investors to keep track of the activities going on in the stock market?
Define banking?
Where were Olympics held in 2016 and now when will they take place and where?
What is prime rate?
What is CBS (Core Banking Solution)?
What is 'Fixed' APR and 'Variable' APR?