Chaos and conflict are a part and parcel of life as a whole. How we manage or handle such conflicts and chaotic situations are what matters the most. Alternative Dispute Resolution (ADR) refers to a variety of streamlined resolution techniques designed to resolve issues in controversy more efficiently when the normal negotiation process fails.
Alternative Dispute Resolution (ADR) is an alternative to the Formal Legal System. It is an alternative to Litigation. In modern times, the existing judicial system finds it difficult to cope with the ever increasing burden of civil litigation. Not many in Business can afford litigation due to the usual delays in the process of justice and huge expenses.
Right through the 80’s and 90’s a strong demand for ADR in the corporate world gained momentum and serious efforts were made to grow and find more efficient and effective alternates to litigation. Thereafter, India has witnessed an explosion in the number of private use of arbitration and mediation as ADR was introduced and adopted India.
The ADR procedures consist of negotiation, conciliation, mediation and arbitration. The Arbitration and Conciliation Act 1996 is an Act that regulates domestic arbitration in India. It was later amended in 2015.
Dr. Sanjay Runwal specializes in disputes arising in the Real Estate Industry and has large experience in matters pertaining to Joint Venture Agreements, Construction Contracts, Private Equity and FDI related matters and all kinds of commercial disputes arising in the Real Estate Industry in India.
Dr. Sanjay Runwal has a vast experience of 33 years in Business with 25 years of experience specifically in the Real Estate Industry as a developer with FDI in one of his companies. He is qualified in Alternative Dispute Resolution (ADR) Methods with a Post Graduate Diploma from the Institute of Advanced Legal Studies (IALS), Pune. He is therefore very obviously a right choice as a ‘Subject Expert’ for all matters referred to Alternative Dispute Resolution (ADR) in the Real Estate Industry. He is registered with the Indian Council of Arbitration (ICA), New Delhi with Registration No. IL/ICA/5255.
He is also the author of a paper on ‘Arbitration in Construction Contracts’ released in January 2014.
Dr. Sanjay Runwal may be contacted for matters relating to Mediation, Conciliation or Arbitration for appointment as a Sole Arbitrator or as a Subject Expert from the Real Estate Industry.