There are two types of arbitration process which are voluntary arbitration and compulsory arbitration and these both methods are helpful to solve problems.

1.       There are two types of arbitration process which are voluntary arbitration and compulsory arbitration and these both methods are helpful to solve problems. Voluntary arbitration is a process in which parties solve their issues in front of third party according to mutual understanding. If parties are agreed to the arbitration, the court will require arbitration to solve the problems. This is the controlled process because arbitrators are chosen according to desires of both parties. We can say that arbitration is based on mutual understandings among both parties.