00:37 - What a Dispute is? & the lecture will focus on how this disputes can be resolved. 01:16 - Causes leading to disputes and arbitration. 01:45 - Dispute Avoidance: 03:32 - Alternative Mechanism for dispute avoidance is Mediation and Conciliation. Also, know the key difference between the Arbitration and Mediation. Arbitrator resolves the dispute whereas, Mediator is more designed to avoid the dispute. 05:02 - Mediator do not have the power to impose the outcome on disputing parties. 06:29 - Details of mediation process: a. Pre-mediation b. Direct & Indirect mediation and c. Post-mediation. 07:11 - Benefits of Mediation. 07:45 - Selection of Arbitrator. 08:34 - Duties of an Arbitrator. 11:33 - Conduct of Hearings. a. Oat & b. Procedings 13:57 - Essentials of Valid award/decision. 15:26 - Post Arbitration proceedings. 16:39 - Advantages of Arbitration. 18:08 - Some of the guiding principles which are observed by arbitrators and courts in resolving disputes in construction related contracts. 23:14 - Implied terms 24:20 - Inconsistent and repugnant clauses. 25:17 - Alternate methods to perform promise. 27:28 - Benefits of doubts against the drafter of contract. 28:56 - To recap, informal methods of dispute resolution (mediation & conciliation) What arbitrator has to do and how it works Proceeding of arbitration Provisions on how the interpretations are made.
