Dispute Resolution
Hartmark Consultancy Ltd is a bridge connecting businesses to financial security, mastering the art of international debt recovery. Our team, with decades of experience in the debt recovery and business advisory industry, is committed to utilizing our skills and expertise to provide top-notch services to our clients.
International Trade Dispute Resolution
International trade disputes can arise for various reasons such as quality, quantity, delivery, packing, shelf life, modes and terms of payments, timelines, and regulations prevailing in the country. The dispute resolution mechanism is usually agreed upon between the parties before the start of the transaction.
Methods of Dispute Resolution
- Negotiation: Parties involved in the dispute engage in discussions to reach a mutually beneficial solution.
- Mediation: A neutral third party assists the disputing parties in reaching a resolution.
- Inquiry: An investigation is conducted to gather facts about the dispute.
- Conciliation: A conciliator meets with the disputing parties separately in an attempt to resolve their differences.
- Arbitration: An arbitrator (or arbitration panel) makes a decision (usually binding) on the dispute.
- Court Trial: The dispute is taken to court for resolution.
International Private Disputes
Hartmark Consultancy Ltd specializes in resolving International Private Disputes, which concern disputes between businesses (not nations) in situations where the law of more than one nation may apply.