Importance of Arbitration and Conciliation in the Present Scenario: With reference to Anand District of Gujarat State

One of the needs of the hour is the establishment of proper arbitration and conciliation centre wherein the process of the dispute can be settled easily without any long waiting period, as we can see in the normal court process. This will save time, and the court can dedicate its time to resolving the major issues while the less and least disputes can be resolved in the arbitration centre which the court is designating through the medium of Lok Adalat which is part and parcel of arbitration. Again, the parties to the dispute can maintain a cordial relationship rather than have a truculent situation between the parties of the dispute. Every court should try arbitration to resolve disputes which are less grave in nature and save the time of the court. This way, we can reduce the time of the court and also the huge backlog of the court, which is increasing hugely day by day basis.