The preference for arbitration, over the regime of the courts, in domestic and international disputes, is natural. The arbitration awards are final and binding on the parties and can be challenged only in exceptional circumstances. The parties are free to choose their own arbitrator, rules, and procedure. Confidentiality is ensured and disputes are expeditiously resolved.
Selecting the ICLP Arbitration Centre for solving the conflict, people are selecting the premier arbitration center in Sri Lanka as the independent and neutral third country venue in Asia region, to solve every commercial dispute, in correspondence with the approved and promoted Rules of ICLP Arbitration Centre. Arbitration awards made in Sri Lanka are accomplished in many trading nations in the world-wide but Sri Lanka is a signatory to the New York Convention on the International Enforcement of Arbitration Awards.
Arbitration is a separate means of solving the conflicts whereby the people are approved to be bound by the selected of an arbitrator of their selection whose agreement is final and whose award has the lawful force of a High Court judgment or order. However, for almost any commercial problem which can be solved by litigation in court, can be resolved by arbitration, and there is a drastic growth in the usage of arbitration commonly.
This particular course involved with the people like Professionals from the fields of Legal, Banking and Architecture, Students, Academics, and Construction Industry Personnel.
The course involved with various modules such as, Maritime Law, Carriage of Goods by the Sea, Admiralty Law, International Trade, Port Operations, Marine Insurance, Custom Formalities, Guided Port Tour, and Additional Assignments and Dissertation.
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