Alternative Dispute Resolution

1. Introduction to UNCITRAL and Arbitration in Nepal 1.1. The United Nations Commission on International Trade Law (UNCITRAL) has extended Arbitration Practices worldwide, including Nepal. Established by the United Nations General Assembly in 1966 through Resolution 2205(XXI), UNCITRAL’s primary mandate is to promote the progressive harmonization and unification of international...

1. Purpose and Scope of the Arbitration Act The Arbitration Act, 2055 (1999) was enacted to modernize and update Nepal’s legal framework for arbitration. The preamble states that the Act aims to “make legal provision on arbitration” in order to facilitate the efficient resolution of disputes outside the traditional court system. Some key objectives of the Act...

Introduction to Arbitration in Nepal Arbitration has emerged as a preferred method of alternative dispute resolution in Nepal, especially for commercial and business-related conflicts. As a process that allows parties to resolve disputes outside of the traditional court system, arbitration offers flexibility, confidentiality, and often a quicker resolution compared to litigation. In Nepal,...