EXAMINING THE ALTERNATIVE DISPUTE RESOLUTION PROCEDURES THAT EXISTS IN NIGERIAN BUSINESS ORGANIZATIONS
Disputes are inevitable facts of our lives. Different commercial, legal and even social expectation can be sources of disagreement. There are enormous problems in using alternative disputes resolution some of them include, Unnecessary and frequent delays in judicial proceedings which have great adverse effects on the administration of justice in Nigeria. This situation is brought about by the congestion of cases in the courts arising from among other factors, unnecessary adjournments leading to unusual long time duration in deciding an otherwise simple case. Lawyers have also not helped matters as they are in the habit of delaying cases especially whenever they discover that the pendulum is swinging in favour of their clients. They resort to legal tactics which in one way or the other frustrate the court from deciding the matter expeditiously. However, alternative disputes resolution comprises a wide variety of processes which can be fashioned to meet the specific needs of parties in resolving disputes with each process being an alternative to litigation. In a qualitative style of writing, this paper seek to examine the alternative dispute resolution procedures that exists in Nigeria business organization as part of its significance. The scope of the studies covers parties in business. In addition, the study will be of enormous benefits to researchers that will in the future want to write on similar topics and also to individuals who want to venture into business, this is because it will give them an idea on how to deal with parties in business when disputes arise. In conclusion, the concepts of alternative disputes resolution have come to stay and the growth of the alternative disputes resolution process has been enhanced as a reason of the fact that time, money and energy input to litigation is often not worth the while on the long run.
|Keywords: Arbitration, Conciliation, Dispute, Litigation, Mediation|
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