Arbitration refers to a dispute settlement system and method in which the two parties to a dispute reach an agreement on a voluntary basis, submit the dispute to a third party who is not a judicial institution for trial, and the third party makes a ruling that is binding on all parties to the dispute. Arbitration is a contractual, autonomous, folk and quasi-judicial dispute resolution method.

Arbitration is a way to resolve disputes voluntarily chosen by both parties. Generally speaking, even if the parties are not satisfied with the arbitration award, they cannot bring a lawsuit after the arbitration procedure is over. However, there are some special places in China's labor arbitration. According to the provisions of the Labor Law, labor disputes must be arbitrated by the Labor Arbitration Committee first. If you are dissatisfied with the arbitration award of labor disputes, you can bring a lawsuit to the people's court.

Arbitration system refers to a legal system in which the two parties to a civil (commercial) dispute reach an agreement, voluntarily submit the dispute to the selected third party for adjudication according to certain procedural rules and the principle of fairness, and are obliged to perform the adjudication.

Extended data

Arbitration preparation materials

When applying to the Arbitration Commission for labor dispute arbitration, the complainant shall submit a complaint and a copy according to the number of defendants. The complaint shall specify the complainant's name, occupation, address, work unit, postal code, telephone number and the name and address of the defendant (enterprise) and the name, position and telephone number of the legal representative;

The complaint shall focus on clarifying the arbitration claim and the facts and reasons on which it is based; And provide corresponding evidence materials. The parties to arbitration may entrust one or two lawyers or other persons as agents to participate in arbitration activities.

To entrust others to participate in arbitration activities, a power of attorney signed or sealed by the principal must be submitted to the arbitration commission, and the power of attorney shall specify whether the authorized organ has the right to propose, recognize, waive, change the appeal request and make reconciliation on behalf of the arbitration commission.

In addition, it is necessary to provide an arbitration agreement or a contract with an arbitration clause (it must be verified with the original); Identification documents (identity cards or other identification documents provided by individuals, enterprise licenses or approvals provided by legal persons or other organizations, and certificates of legal representatives or responsible persons).

Baidu encyclopedia-arbitration