There are two types of arbitration process which are voluntary arbitration and compulsory arbitration which are used in different aspects of life.

1.       There are two types of arbitration process which are voluntary arbitration and compulsory arbitration which are used in different aspects of life. Voluntary arbitration is a process in which parties solve their issues in front of third party by mutual understanding. If parties are agreed to the arbitration, the court will refer to diagnose issue. This is the controlled process because arbitrators are chosen by their own desires.  Arbitration is based on mutual understandings among both parties which are influenced of problem.