What is arbitration committee?

An arbitration committee is a group of individuals tasked with resolving disputes through arbitration, a method of alternative dispute resolution. This committee typically consists of experts or impartial third parties who evaluate the evidence presented by the involved parties and make binding decisions. Arbitration is often chosen for its efficiency and confidentiality compared to traditional court proceedings. The committee's decisions are generally final and enforceable, providing a resolution without the prolonged nature of litigation.