/ Alternative Dispute Resolution / International & Domestic Conciliation

International & Domestic Conciliation

 

What is Conciliation?

Conciliation is an alternative out-of-the-court dispute resolution instrument. The process involves the appointment of a conciliator who assists the parties to dispute in reaching a mutually agreed settlement of the dispute. Parties who do not wish to have a binding result from the dispute resolution method can opt for Conciliation. The settlement through Conciliation only becomes binding at the instance of both parties.

 

How it Works:

  1. Request a Conciliator
  2. Appoint a Conciliator
  3. Commencement of Proceedings
  4. Submission of statements by parties
  5. Possible terms of the settlement
  6. Conciliation Agreement

 

The use of Conciliation as a mechanism for the resolution of International economic and business disputes 

The transnational system abounds with variations on conciliation as a method for the settlement of disputes arising out of international economic and business relationships. In the inter-state economic sphere, conciliation has been adopted for use in resolving disputes between contracting parties within an international organization or multilateral treaty framework. Conciliation has also been inserted in bilateral agreements, in particular those relating to trade or investment by one party in the territory of the other. On the national level, conciliation has been incorporated into domestic statutes regulating international commercial dispute settlement. Finally, in the private sector, parties entering into international business contracts can draft conciliation clauses into their agreements, utilizing institutional conciliation rules if desired. Whether the framework is a multilateral or bilateral treaty, domestic statute, or private ordering, conciliation usually serves as a preliminary or intermediate step in a layered dispute resolution structure. 

In the international economic sphere, conciliation is either structured according to its traditional format, as discussed above, or particular aspects of the concept are used. Moreover, conciliation is infrequently activated when a dispute does arise, its availability notwithstanding. With some exceptions found in the realm of international trade, disputants appear to prefer adjudicative, binding methods of dispute resolution. However, there is some contemporary support for the greater use of conciliation and other non-binding forms of settlement.

 

Advantages of Conciliation:

  1. Consensual
  2. Neutral
  3. Cost-effective
  4. Confidential
  5. Speedy settlement
  6. Amicable resolution

 

Service Delivery Process followed by White Code Legal:

  • The Client has to register themselves on our website.
  • Once the Client is registered, we raise a Service Request.
  • The Client receives a proforma invoice with an option to confirm and pay now or pay later.
  • Once the Client confirms, our dedicated relationship manager liaisons with our experts, and clients share a list of client information required to deliver the service.
  • Once we receive the information, we take the required steps to deliver the service and the service request is closed.

 

Service Inclusions

  • Professional Fees

 

Service Exclusions

  • GST, Government Fee, and other Additional Taxes

 

Why White Code Legal? 

At White Code Legal we prioritize and always strive to deliver excellence. Keeping a focus on maintaining affordable prices and delivering 100% client satisfaction we aim to make worth every penny our clients spend with us and build a lasting relationship with them.