The court will entertain matters agreed by parties to be resolved through arbitration and its decisions will be as legally recognisable and maintainable as those of regular courts, director of the court Sudarshan Gupta said.
All such matters, which have the possibility to be resolved through arbitration with the mutual agreement in the litigants, will be resolved here within 120 days, he said.
"Specially long pending civil matters, will be resolved here through arbitration, wherein the retired judges of high court and supreme court will provide their services apart from the legal experts.
The concept of ADR has found its origin from the high pendency of the cases in different courts on account of shortfall of the judges and other staff in the courts, inadequate structure, inordinate adjournments, laxity on old pending matters and unreasonable delays caused by the long arguments by the advocates.
Gupta informed that the private arbitration is exempted from the Code of Civil Procedure 1908 or Indian Evidence Act 1872.
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