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Arbitration is a voluntary dispute resolution process i which one or more arbitrators, appointed
in accordance with the agreement of the parties or rules promulgated pursuant to the ADR act,
resolve a dispute by rendering an award.
2. Arbitration vs Mediation
In Arbitration, the ARBITRATOR is the one that decides the dispute and renders an arbitral award to
conclude the proceeding.
3. Who decides the disputes and renders an arbitral award to conclude arbitral proceeding?
-> Arbitrator
4. Who decides to enter into and execute a mediated settle agreement to conclude mediation
proceeding?
-> Mediator
10. The ADR Act and its IRR are governed what type of arbitration?
-> Voluntary arbitration.