Natural justice plays a vital role in arbitration proceedings by ensuring fairness, impartiality, and transparency, upholding the right to a fair hearing, and preventing bias. Adherence to these principles strengthens the legitimacy and efficacy of arbitration.

The appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996 ensures impartiality in arbitration when parties cannot agree on a selection. The Chief Justice plays a pivotal role in ensuring timely, fair, and unbiased tribunal formation.

A conciliator, as a neutral third party, facilitates dispute resolution through open dialogue, identifying key issues, and proposing solutions. Their role includes fostering communication, maintaining impartiality, ensuring confidentiality, and guiding parties to a voluntary settlement.