Introduction Alternative Dispute Resolution (ADR) has emerged as a vital component of modern legal practice in India. As the legal landscape evolves, ADR offers effective methods for resolving disputes outside the traditional courtroom setting. This article explores the significance of ADR in India, its various forms, legal framework, advantages, challenges, and future prospects. Understanding Alternative Dispute Resolution ADR encompasses various processes, including mediation, arbitration, conciliation, and negotiation, that provide parties with alternative means to resolve disputes without resorting to litigation. The primary goal is to achieve a mutually acceptable resolution efficiently and cost-effectively. Types of ADR 1. Mediation: A voluntary process where a neutral third party facilitates communication between disputing parties to help them reach a consensus. It is informal and non-binding. 2. Arbitration: A formal process where a neutral arbitrator makes a binding decision a...
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