![]() Coming out of the recent financial turmoil and recession Western governments seem to be very eager to do business with many Asian emerging economies for their own economic prosperity and political stability. Many Western business entities have already relocated their principal business activities in Asia and increasingly many are setting up their business offices there. Looking back at the stunning economic growth in many Asian countries in the recent past and their tremendous buoyancy in the recent global financial crisis, one can easily realize that there is some truth in the prevailing forecast that the twentyfirst century will be “the Asian century”. ![]() Therefore, this research will critically analyze the existing laws relevant to the ADR and will suggest some guidelines to improve the existing process in Bangladesh by adopting qualitative research method. However, the laws relevant to the ADR processes are inadequate in various legal and litigative aspects and perspectives and there is no uniform law for the ADR in Bangladesh. An ADR process is very popular in Bangladesh as both the plaintiff and the defendant get their benefits from this process and as a matter of fact, the ADR reduces the work load of a formal judicial system in Bangladesh to a great extent. ![]() ![]() Traditionally, people in rural areas have preferred to settle their disputes by the ADR process particularly, negotiation, mediation, conciliation and arbitration because this process is less time consuming and cheaper as well. Alternative Dispute Resolution (ADR) is an alternative to a full-scale court proceeding and is applied in different situations in different ways, both formally and informally, mostly in civil cases in Bangladesh. ![]()
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