Leave And License Agreement Resolution

It is well established that an arbitral award rendered by an arbitral tribunal may be applied in the same manner as a decree issued by an Indian court. Dispute resolution through alternative dispute resolution mechanisms, such as. B arbitration, is a preferred option over litigation in India, especially with respect to property disputes, which have a reputation for lasting years or even decades. Although arbitration agreements are considered binding on the parties to such agreements, they are deemed invalid when a law indeces an exclusive jurisdiction of a forum to rule on certain disputes. However, the resolution of disputes before the courts remains a long process and the parties to the dispute have to wait many years for the outcome. .