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COMMERCIAL ARBITRATION PROCEDURE 2016 RULES (CAP 16 RULES)COMMERCIAL ARBITRATION PROCEDURE 2016 RULES (CAP 16 RULES)BACKGROUND AND INTRODUCTION The IMC International ADR Center (IAC) is an independent
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01
Understand the arbitration agreement: Make sure you are familiar with the terms and conditions stated in the arbitration agreement.
02
Gather necessary documents: Collect all relevant documents and evidence to support your case.
03
Select an arbitrator or arbitration panel: Choose a neutral third party to oversee the arbitration process.
04
Submit your claim: File a formal written claim with the arbitration provider and pay any required fees.
05
Attend arbitration hearings: Participate in the arbitration hearings and present your case effectively.
06
Review the final decision: Review and abide by the final decision made by the arbitrator or arbitration panel.

Who needs arbitration procedures and practice?

01
Individuals or businesses who want to resolve disputes outside of court.
02
Parties involved in a contract that includes an arbitration clause.
03
Professionals in industries like construction, finance, and employment law.
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Arbitration procedures and practice refer to the rules and methods followed during the arbitration process to resolve disputes outside of court.
Parties involved in a dispute who have agreed to settle their differences through arbitration are required to follow arbitration procedures and practices.
To fill out arbitration procedures and practice, parties must carefully follow the guidelines set forth in the arbitration agreement, including submitting necessary documents and attending hearings.
The purpose of arbitration procedures and practice is to provide a fair and efficient method for resolving disputes without the need for costly and time-consuming litigation in court.
Information such as the names of the parties involved, the nature of the dispute, any evidence or documentation supporting each party's position, and any decisions or awards made during the arbitration process must be reported.
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