Adjudication is a quick method of settling disputes on a provisional interim basis—it is binding until finally resolved by arbitration, litigation, or agreement. Only very few disputes result in litigation or arbitration. Many disputes are resolved or settled through a wide range of alternative processes. One of which is Adjudication.
Adjudication is a method of peaceful conflict resolution in which parties present arguments and evidence to a neutral third party. Adjudication is a quick method of settling disputes on a provisional interim basis—it is binding until finally resolved by arbitration, litigation, or agreement. The requirements of natural justice that are crucial in litigation are important in adjudication. However, in the adjudication context, the rules of natural justice are secondary to the requirement that the adjudicator must reach a decision in a very limited period.
NIAC – When you opt for NIAC mediation or arbitration, you enjoy the benefit of resolving disputes in any of the constituent member countries under a single system with administering centres in all countries, in a systematic way of conducting the proceedings and good administrative control over the same!