Copyright © 2020 - Ex Gratia Law Journal

Alternate Dispute Resolution (ADR)

Investor State Dispute in International Commercial Arbitration
Alternate Dispute Resolution (ADR)

Investor State Dispute in International Commercial Arbitration

Introduction International commercial arbitration is an effective way of settling conflicts between private parties resulting from commercial transactions performed across national borders that allow parties to prevent adjudication in national courts. Over the years, this has become a very common approach, as most parties do not want to get embroiled in the ravages of litigation with respect to any issue, particularly if the conflict is in an alien country. The arbitration clause is typically part of the agreement negotiated by the parties. Arbitration has since attracted fervor as an alternative dispute resolution method. Investor-state dispute settlement mechanism is a type of international economic arbitration. It is an instrument of public international law which is part of a va...
Future of Artificial Intelligence in Dispute Resolution Mechanism
Alternate Dispute Resolution (ADR)

Future of Artificial Intelligence in Dispute Resolution Mechanism

INTRODUCTION: In today's world, technology and scientific development plays a vital role in the growth of the economy which makes the life of the general public much easier. There has been a rapid growth in the field of science and with the help of the technology Artificial Intelligence (AI) is developed. The term AI is used to define a machine which refers to the stimulation of human intelligence and are programmed to think like humans which exhibits traits associated with a human mind such as learning and problem-solving. They are designed to understand and behaves intelligently. This involves various technologies like machine learning, computer vision natural language processing and machine reasoning. The concept of Artificial Intelligence has been introduced into the Indian judicia...