Arbitration is the means by which the parties to a dispute get the same settled through the intervention of third person(or more persons) but without recourse to a Court of Law. The settlement of dispute is arrived by the judgment of third person(or more persons) who are called Arbitrators.
-By Vikas Yadav, B.A.LL.B, Indore Institute of Law, Indore (D.A.V.V)
