“Court procedure is justice-oriented, whereas ADR’s merit also lies in the fact that the process is participatory and solution-oriented”.

Related MCQs

• Lok Adalats have been given the powers of a civil court under the Code Civil Procedure.
• The best procedure for opening an account in the name of a minor X and the guardian Y would be under the style.............
• In Shakuntla Sawhney v. Kaushalaya Sawhney,[(1979) 3 SCR 232]the Supreme Court has observed that “Finest hour of justice is the hour of compromise when parties after burying the hatchet, re-unite by a reasonable and just compromise” Whether this principle has been reflected in the ADR procedures mentioned in the Arbitration and Conciliation Act 1996?
• The Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed ___% of the cheque amount?
• The award made by the Lok Adalat is deemed to be a decree of the civil court like arbitration Award.
• A drawer in the bill of exchange can also be a
• Services rendered by a banker not only to his customers, but also to the general public are called as
• Conciliation is a private, informal process in which a neutral third person helps disputing parties to reach an agreement.
• Bargaining is a common feature of the negotiation process.
• In the case of a banking company incorporated outside India balance-sheet and profit and loss account shall be signed by _________ of the company.