Arbitration: It is a process in which the parties to a dispute present their dispute or disagreement to the discernment and wisdom of an impartial person or group (called arbitrators) appointed by mutual/reciprocal consent. , which decides the dispute in a quasi-judicial procedure and the award rendered by the arbitrators is final and binding on the parties to the dispute. Online Arbitration: If an arbitration proceeding is conducted online, it is called online arbitration. Online arbitration is a dispute resolution procedure that has all the elements of arbitration, including submission to and membership in the arbitral tribunal. All arbitration proceedings in online arbitration shall take place over the Internet via networks, online conferencing, voice over Internet protocol (VoIP), chat groups, electronic mail services, video conferencing or any another means available on the Internet, these have all evolved and instituted computer-intensive online arbitration. Arbitration is a preferred method for resolving international commercial disputes or conflicts for various reasons, such as:...