Welcome to MyContractSolutions, Your One-Stop Consulting Firm for CIPAA Adjudication Consultancy and Construction Claim Services
Welcome to MyContractSolutions, Your One-Stop Consulting Firm for CIPAA Adjudication Consultancy and Construction Claim Services
Arbitration is a private dispute mechanism which does not necessarily require legal representations unlike Court's procedures. We believe that with our vast experience and familiarity with Arbitration proceedings, we will be your second best alternative in seeking advises on arbitration procedures or representation in arbitration proceeding itself.
With the introduction of arbitration as an alternative dispute resolution mechanism, the expert arbitrator appointed by the parties would only require to decide on specific dispute raised and there is no appeal against the arbitration award. However, you need to pay for the fee to appoint an expert arbitrator to decide on your matter which traditionally you do not have to pay the judges sitting in the Court to hear your matter. In addition, administrative charges of the arbitral institutions on top of parties' representatives' costs will be chargeable in an arbitration proceeding. Therefore, more cost will be incurred in an arbitration proceeding than a Court proceeding.
No doubt, an arbitration proceeding is less formal than a Court proceeding and parties are able to fix a more flexible schedule for the arbitral hearings and the choice of arbitral hearings at a place convenient to both parties.
Every document tendered in the Arbitration proceedings is confidential unless both parties mutually agree for its disclosure. Many international and local big brands are in favour of the confidentiality offered by Arbitration proceeding in order to maintain parties' commercial reputation and privacy.
A good crafted arbitration clause would avoid any tactical ploy to derail the arbitration proceedings. As long as the parties' contract contain an arbitration clause, parties are then bound by the arbitration clause to commence an arbitration based on the terms agreed upon. In Malaysia, usually the appointment of arbitrator are done by Pertubuhan Arkitek Malaysia(PAM) or Asian International Arbitration Centre(AIAC) when the parties failed to agree on the candidate for arbitration.
We offer you services from the identification of your arbitration clause until the selection of suitable specialist to represent you in the Arbitration proceeding based on our team's vast experience and wide networks in the industry. Be rest assured that we priotise to resolve your dispute at a reasonable consultancy fee.
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