The Role of Arbitration in Resolving Civil Disputes in Pakistan
Arbitration, a form of alternative dispute resolution, is becoming increasingly popular in Pakistan for resolving civil disputes. The Arbitration Act 1940 and the Recognition and Enforcement (Arbitration Agreements) Act 2011 govern this process in Pakistan.
Arbitration is often used in commercial disputes due to its benefits of confidentiality, speed, and the ability to choose arbitrators with specific expertise. The arbitration process involves a neutral third party (the arbitrator) who makes a binding decision after considering all parties’ arguments.
While arbitration can be an effective dispute resolution method, it requires careful consideration and planning. For example, the arbitration agreement must be properly drafted to ensure it is enforceable, and the process must be correctly followed to ensure the award is valid.
Engaging an experienced advocate can be highly beneficial in these matters. Advocate Faisal Iqbal Awan, at MJF Law, possesses vast knowledge and experience in civil law, including arbitration. He can provide valuable guidance throughout the arbitration process. For further advice or representation, you can reach out to Advocate Faisal Iqbal Awan at faisal@mjflaw.pk. With proper legal guidance, arbitration can become a powerful tool for dispute resolution.