Audio By Carbonatix
The Ghana Bar Association (GBA) and the American Bar Association (ABA) have held a seminar in Accra on Alternative Dispute Resolution Mechanism (ADRM) to give impetus to settlement of disputes outside law courts.
The seminar which aimed, among others, to give a drive to ADRM, involves arbitration, mediation, and conciliation as an alternative to settling disputes at the law courts, to ease congestion and facilitate speedy adjudication.
Nana Susubiribi Krobea Asante, Chairman of the Ghana Arbitration Centre (GAC), announced this in an interview with Ghana News Agency (GNA), in Kumasi
on Wednesday.
The Arbitration Centre, he explained was established by a group of senior lawyers in 1997, with the support of the Danish International Development Agency (DANIDA) to serve as a conduit for implementation of ADRM.
Nana Asante added that the business of the centre is to settle commercial disputes between parties who have consented to submit to the centre to access the ADRM instead of the courts.
He pointed out that the lack of cases pending in the country’s law courts and the accompanying slow pace of justice administration necessitated the move in Ghana in 1997.
Nana S. K. B Asante, who is also an experienced International Arbitrator, made it clear to GNA that, the centre has comprehensive arbitration rules and has been settling steady flow of commercial disputes between Ghanaian companies and at times foreign owned companies, thus strengthening the ADRM.
He explained that arbitration arises when two parties voluntarily consent to submit their dispute to arbitration, adding that the result of this is a binding award which can be enforced in the law courts.
The International Arbitrator was quick to add that, this type of arbitration, which is regulated by the Arbitration Act of 1961-Act 38 is to be distinguished from customary arbitration in accordance with customary law.
He emphasised that all evidence in arbitration are documented and there is no appeal.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
MPC to cut policy rate to 12.5%
24 minutes -
Banks wrote off GH¢1.23bn as bad debt in half-year-2026
47 minutes -
T-bills auction: Government exceeds target marginally; interest rates decline
1 hour -
Édouard Mendy annonce sa retraite internationale avec le Sénégal
4 hours -
Lamine Yamal scores twice as Barcelona maintain perfect start
4 hours -
Haaland scores controversial winner for 10-man City at Man Utd
4 hours -
Ghana’s narcotics crisis deepens as drug seizures linked to country top US$1bn – Minority
5 hours -
CAF CC: Nations FC bow out after draw with FC Diarra in Accra
5 hours -
Kenyans dominate 2026 KGL Millennium Marathon as race champions mental health
5 hours -
Minority demands full-scale probe into Ghana’s alleged emergence as narcotics transit hub
5 hours -
NaCCA trains teachers to implement new Chinese language curriculum
7 hours -
Ghana, China deepen cooperation on galamsey and mining sector
7 hours -
JoyNews–Republic Bank Habitat Fair ends on a high note after 3 days of strong patronage, expert engagement
7 hours -
Emma Ofosua takes West African spoken word to three UK cities
7 hours -
Traditional artists will become more expensive because of AI – Aewura Arts
7 hours