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's Collection of Bills?
What do we call when a bank dishonors a cheque?
Are you willing to relocate and work at flexible working hours?
What is Prime Lending Rate?
What is foreign exchange reserve?
Who insures the banks in india?
what is the limitations of cash credit account
How will you define CRR and SLR?
Any idea about 'Freedom of Religion'?
What is the central monetary authority of india?
What is accretion accounting?
What requirements does a company need to comply with before accepting the deposits?
If you get recruited in SBI, and made an employee in a rural area, how will you prove yourself as a best employee?
What do you understand by Private banking?
What are the different types of 'Fixed Deposits'?