Recommended Arbitration Agreement
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Business Negosyo Legal Ligal contract kontrata party Parties Arbitration What Is An Arbitration Agreement?
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RECOMMENDED ARBITRATION AGREEMENT (Draft) Parties to an existing dispute who have not included an arbitration clause in their underlying contract may agree to refer the dispute to Arbitral Institution for arbitration under Arbitration Rules in the following terms: We, , the undersigned, hereby agree that all disputes and differences arising under, out of, or in connection with the following contract: Brief description of the contract under which the disputes have arisen or may arise be referred to and finally resolved by arbitration in New Delhi in accordance with the Arbitration Rules of the Arbitral Institution ("Arbitration Rules") for the time being in force at the commencement of the arbitration.” Choose as appropriate - If the matter is domestic (between Indian parties) then New Delhi or any other place in India can be chosen..
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