International Arbitration
International
Arbitration
Arbitration is one of the methods
of settling disputes between two or more persons or parties by reference of the
disputes to an independent and impartial person called arbitrator. Arbitrator
is a person who is appointed to determine differences and disputes between two
or more parties by their mutual consent.
Arbitrator gives its opinion
without being partial and then tries to patch up between the two parties.
International arbitration
also allows the same method. Therefore, when there is any problem between two
countries then they take the matter to international court of arbitration.
International arbitration is sometimes called a hybrid form of international
disputes resolution.
At present, there is a
government of international agreements in the world, and with the United
Nations and other international organizations, they are controlling the world’s
system through these international agreements.
The World War of Justice is
the primary part of the UN’s central justice system, whose main purpose is to
solve the legal dispute between the two countries, was established in 1945
under UN Charter, but Justice International is to be considered separate from
the court criminal.
Most international
arbitration is an institution provide rules which governs the resolution
disputes to be resolved via arbitration. There are many international courts of
arbitration such as ICC (International Chamber of Commerce), LCIA (London Court
of International Arbitration), ICSID (International Centre for Settlement of
Investment Dispute) and ICDR (International Centre for Dispute Resolution).
International arbitration is
similar to domestic court litigation but instead of taking place before a
domestic court, it takes place before private adjudicators known as arbitrator.
It is a consensual, neutral, binding private and enforceable means of
international dispute resolution, which is typically faster and less expensive
than domestic court proceedings
The court consist of 15
judges, who belong to a separate member country and are elected for nine years,
the current of the court relates to France as Vice President. The relationship
is from Somalia when the remaining members are from 13 countries including
Britain, Australia, China, Japan and India. Only those countries can take
disputes to International Arbitration which have signed agreement with them or
the ones who are the member of united national. Those countries who approach
this court have to accept the rules of international arbitration. Appeal cannot
be filed another court against this court decision. The official language of
the court is English and French, so the cases presented here may be in two
languages generally, countries prefer English. While in the domestic court the
judge may be of the same place or country in
the court and they can proceed the case in their local language.
Who can refer to the
International Arbitration: - this
court provides only a solution to the legal settlement between the countries,
so only countries can take the case which has an individual nature case, they
should also be presented by the country. Otherwise, will be out of the court
scope. In such a way is not fair to hear the cases filed by individuals, non-government
organizations, corporations or other private organizations. On the other hand,
in the domestic court if a person is not satisfied with judgement, he can make
an appeal in the above court.
International arbitration scope:
-the court can not take any action on
problem important for a trial in the court that the state should submit itself
to the court, so that the court does not have the right to investigate nor the
autonomous states the hearings can be done. While on the other hand a domestic
court takes charge of the case.
Instead of a full bench, a
few benchmarks can also be heard: - This
court consist of 15 judges and all members can jointly hear any case, but the
Article 26-29 allows the four to five members to make a bench comprising
judges. Be able to hear the case in your chambers.
Can not appeal against
the court order: - The states who
refer to the court must recognise the jurisdiction of this court. The judgement
of this court is final and cannot be appealed against them. If a party
challenges the scandal or judgement of the decision, it will judge its
interpretation. If some facts have come forth that are not presented in the
court before which can affect the judicial decision, either of the two parties
can apply for revision.
International arbitration
works only on negotiation, meditation, conciliation. These court does not work
like domestic or criminal court. This court cannot punish the defaulter neither
it does any inquiry about the matter nor they can fight for any crime done and
also it is not their right to force anyone. In this court time and money is not
wasted like domestic court. The matter of this case is heard in the court which
can be solved by negotiation. Cases such as criminal, minor guardianships,
charity, will related, matrimonial are not solved by international arbitration.
These cases are solved only in domestic court. Besides this International
arbitration does not solves any type of individual cases.
It means that the work of
court is absolutely different from domestic court. They solve the case by
highlighting issues of the disputers and leave them just by giving judgements.
This court does not force any party with their decision. It only gives decision
when both the parties agree with each other.
Different issues of bigger
countries around the world are not solved without international arbitration.
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