Professional Documents
Culture Documents
Intro
Arbitration
. Third party hears evidence and give award upon the two parties
Criminal questions,insolvency
Conciliation
Conciliation is compromise settlement between the parties with the assistance of the conciliator
Mediation
Helps resolving the dispute with the aid of an third person to reach a negotiated resolution.
It’s confidential
The function of mediator is to break any deadlockand encourage the party to reach a common ground