Question

Which of the following combination of nature of dispute and authority to whom it shall be referred is correct? I. Nature of Dispute and Authority Non-Monetary Dispute between Society and Creditor of Society- Cooperative Arbitration Court II. Non-Monetary Dispute between Society and Creditor of Society-Registrar III.Monetary Dispute between Society and Creditor of Society-Cooperative Arbitration Court IV.Monetary Dispute between Society and Creditor of Society-Registrar Combinations

• A. I and III
• B. I and III
• C. II and IV
• D. II and III

Answer 1

Answer:

B. I and III

The nature of a dispute and the authority involved can depend on the type of dispute resolution process used: Consensual processes The parties involved attempt to reach an agreement with the help of a neutral third party who can facilitate the process or provide expert advice. Examples of consensual processes include mediation, conciliation, or negotiation. Adjudicative processes A judge, jury, or arbitrator makes a decision that is legally enforceable. Examples of adjudicative processes include litigation or arbitration. Neutral fact-finding A neutral third party investigates the issue and reports or testifies in court. This process is often used for complex scientific and factual disputes.