Civil litigation is one way of seeking justice but it is costly and time taking while Arbitration is a brand new way of seeking justice and resolving disputes.There are various arbitration centre which offer the service of arbitration but in India Privatecourt is offering arbitration at the lowest possible fee.

1. Political & Governance
Instability and role of
Arbitration

2. This presentation is combined effort of
members of Group 13, they are:
▪ Falak Saeed Khan
▪ Supratim Bhui
▪ Naman Chadda
▪ Saujanya Sabrinath
▪ Tameem A
▪ Shraddha Shetty

3. Content:
▪ Introduction
▪ What is Political & Governance Instability?
▪ What is Arbitration?
▪ Types of Arbitration
▪ Political & Governance Instability and jeopardy
▪ Deduction by IRS
▪ Arbitration as a Solution
▪ Arbitration vs. litigation
▪ Privatecourt for Arbitration
▪ Benefits of dispute resolution at Privatecourt

4. Introduction:
India, the worlds largest democracy but also one of
the most unstable nation in terms of governments.
Both on national as well as state level. According
to recent IRS (Indian Risk Survey) 2019 the
political & governance instability in India climbs
one spot to Rank 4th .
As there is a rise in the position of the political &
governance instability so is the rise in the conflicts,
which can be resolved legally either by sluggish
proceeding by the courts or by the express method
of Arbitration through organisations like
Privatecourt.

5. What is Political & Governance
Instability?
Political instability is defined as the potential
for sudden and significant change in the
leadership, policies, or condition of a country.

6. What is Arbitration?
▪ Arbitration is a consensual dispute resolution process based on the
parties' agreement to submit their disputes for resolution to an
arbitral tribunal usually composed, of one or three independent
arbitrators appointed by or on behalf of the parties.
▪ Arbitration is known for its bureaucratic elasticity , which allows
parties to engage in an efficient, confidential and fair process
leading to a final, binding and enforceable award.

7. Types of Arbitration
▪ Institutional Arbitration
▪ Ad Hoc Arbitration
According to a 2008 study by the Queen Mary
University and PricewaterhouseCoopers, 86%
of arbitration awards rendered arose from
institutional arbitration, in comparison with
14% made in ad hoc proceedings.

8. Political & Governance
Instability and jeopardy
As per the study conducted by IRS in 2019
Political & Governance Instability appears in
the fourth top risk due concern over policy
changes affecting certain areas of the
business ecosystem.The government is
likely to continue market reforms and
restructuring. Lack of consensus or
opposition to any policy changes or distress
in particular sections of the economy can
pose a threat to companies.

10. Deduction by IRS
▪ After maintaining sixth & fifth position for 2017 & 2018
respectively, Political & Governance Instability risk has moved
up in IRS 2019. As per this year’s survey, this category occupies
the fourth position.
▪ • Policy changes directly or indirectly impacting business is
perceived as the most significant threat under this risk
category.
▪ • As perWorld Economic Forum’s “The Global Competitiveness
Report 2019”,India is ranked at 68th position, slipping ten
places from 58th rank in 2018.
▪ • India has jumped to 63rd position in the World Bank’s “Doing
Business 2020”report. According to the assessment, Delhi and
Mumbai have improved the business environment.

11. Political & Governance Instability climbs one spot to Rank
4th in IRS 2019

12. Arbitration as a Solution
The conflicts that arise in the economy due to Political
instability needs to be resolved by legal means . As the
litigation is one way to resolve the conflicts, litigation is
slow and costly . However Arbitration is better than
litigation because of the following:
▪ Public/Private, Formality
The arbitration process is private, between the two parties
and informal, while litigation is a formal process
conducted in a public courtroom.

13. ▪ Speed of Process
The arbitration process is fairly quick. In civil litigation a case
must wait until the court has time to hear it; this can mean
many months, even years, before the case is heard.
▪ Cost of the Process
The costs for the arbitration
process are limited to the fee
of the arbitrator.

14. ▪ Evidence Allowed
The arbitration process has a limited evidence process, and
the arbitrator controls what evidence is allowed, while
litigation requires full disclosure of evidence to both parties.

16. Privatecourt for Arbitration
Privatecourt offers a simple online and offline way to help
resolve your dispute with your clients worldwide.
Privatecourt provides parties with opportunity to:
1. Reduce Hostility.
2. Regain a sense of control.
3. Gain acceptance of outcome.
4. Resolve conflict in a peaceful manner.
5. The resolution of disputes takes place usually in private.

17. Benefits of dispute resolution at
Privatecourt
▪ Flexibility of procedure – the process is
determined and controlled by the parties of the
dispute.
▪ Parties choice of neutral third party to direct
negotiations/ adjudicate.
▪ Privacy and confidentiality.
▪ Likelihood and speed of settlements.
▪ Lower costs.

18. ▪ Practical solutions tailored to parties interests and needs .
▪ Durability of agreements .
▪ The preservation of relationships and the preservation of
reputations .
▪ Individuals contractors can use the logo of Privatecourt in
their resume to gain trust.

19. ▪ The logo used in the resume will also enhance
employment and thus can be for career growth.
▪ Privatecourt : Fast,Simple and online justice for all.
Privatecourt
The future of Indian civil
case at lowest possible
fee.
For more info: https://www.pvtcourt.com