Arbitral proceedings refer to legal processes involving arbitration, which is a form of alternative dispute resolution. In this process, an impartial third party (the arbitrator) hears arguments and evidence from both sides in a dispute, and makes a binding decision that can be enforced by the courts. Arbitral proceedings typically involve several stages, including the selection of the arbitrator, the exchange of information between parties, the hearing itself, and the issuance of an award by the arbitrator. The goal is to reach a fair resolution outside of court, saving time and resources for both sides.