What is the difference between dispute resolution through BAKTI and the District Court?
Below are the differences between dispute resolution through BAKTI and the District Court:
|
BAKTI |
District Court |
|
Closed / Confidential |
Open to the public |
|
Requires an agreement |
Any party can file a lawsuit |
|
Arbitrators are chosen by the parties |
Judges cannot be chosen (general jurisdiction) |
|
Moderately formal procedures |
Highly formal procedures |
|
No jurisprudence |
Recognizes jurisprudence |
|
Final decisions can be faster and binding |
Final decisions can take longer and may be appealed (Cassation and Judicial Review) |
|
Costs are easier to estimate |
Costs are more difficult to estimate |