CONTENTS Acknowledgement; List of Tables; List of Cases; List of Diagrams; List of Annexures; Abbreviations; CHAPTER I; INTRODUCTION; 1.1 Introduction to the Research Topic; 1.2 Objectives; 1.3 Research Problem; 1.4 Hypothesis; 1.5 Research Questions; 1.6 Research Methodology; 1.7 Data Collection; CHAPTER II; CONCEPT OF ARBITRA TION; 2.1 Meaning of Arbitration; 2.2 Arbitration and its Importance; 2.3 Origin and Development of Arbitration; CHAPTER III; HISTORICAL DEVELOPMENT OF ALTERNATIVEDISPUTE RESOLUTION (ADR) IN NEPAL; 3.1 Pre-Unification Period; 3.2 Post-Unification Period; 3.3 The Rana Period; 3.4 Post Rana Period; 3.5 Present Legal Status of ADR; CHAPTER IV; NEPALESE LEGAL REGIME OF ARBITRATION; 4.1 Background; 4.2 Arbitration Process: General Perspective; 4.3 Appointment of Arbitrator; 4.4 Power of Arbitrators; 4.5 Arbitration Award; 4.6 Enforcement of an Award; 4.7 Enforcement of Foreign Award; 4.8 Nepal Council of Arbitration (NEPCA); CHAPTER V; EMPIRICAL STUDY AND FINDINGS; 5.1 Findings; 5.1.1 Time Factor; 5.1.2 Cost Factor; 5.1.3 Awareness Factor; 5.2 Analysis; 5.3 Critical Examination of the Arbitration Act; CHAPTER VI; CONCLUSION, RECOMMENDATIONS AND SUGGESTIONS; BIBLIOGRAPHY; ANNEXURES.