Drafting Effective Arbitration Clauses in Nepali Contracts
An arbitration clause is your first defense against courtroom battles. In Nepal, precision in drafting can prevent costly disputes over interpretation. Essential Elements of a Solid Clause Sample Clause “All disputes arising under this agreement shall be resolved by arbitration in Kathmandu, Nepal, under the Arbitration Act, 2055. The proceedings shall be in English, with […]
Arbitration vs. Litigation in Nepal: Choosing the Right Path
When business disputes arise, Nepalese parties often face the choice between arbitration and traditional litigation. Each option has its advantages and trade-offs. Pros & Cons of LitigationLitigation before Nepal’s courts offers formal, public adjudication and is mandatory for certain legal disputes (e.g., criminal, family law). However, drawbacks include:– Procedural backlog and long delays;– Limited confidentiality;– […]
Understanding Arbitration in Nepal: An Alternative to Courtroom Battles
In today’s fast-paced business world, dispute resolution mechanisms must be efficient, flexible, and cost-effective. In Nepal, arbitration is emerging as a viable alternative to judicial litigation, especially in commercial and infrastructure-related matters. What Is Arbitration & Why It Matters in NepalArbitration is a consensual, private method where disputes are resolved by impartial arbitrators rather than […]
How KIAC Is Shaping the Future of Commercial Arbitration in Nepal
As Nepal’s economy grows and its engagement with international trade expands, the need for reliable, efficient, and neutral dispute resolution mechanisms has never been more important
Top 5 Reasons Businesses Should Consider Arbitration for Dispute Resolution
In the world of business, disputes are inevitable. Whether it’s a disagreement over contracts, services, or partnerships, how these conflicts are resolved can have a significant impact on time, cost, relationships, and reputation.
Understanding Arbitration: A Better Alternative to Court Litigation in Nepal
In today’s fast-paced world, resolving disputes through traditional court systems can often be time-consuming, expensive, and public. As a result, many individuals and businesses are seeking alternative ways to settle their differences without compromising fairness or legal enforceability. One of the most effective and increasingly popular methods is arbitration — a private, flexible, and efficient way to resolve conflicts.
