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Agreement To Refer Dispute To One Arbitrator Legal Draft Template

Category Agreements Arbitration
Format
File name Agreement to Refer Dispute to One Arbitrator

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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.

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(Usual

Form)This

Agreement made on the day of between AB, etc. AND CD, etc.Whereas1.

AB

has made the following claims against CD;1. .2.3.4.1.2.

CD

does not admit the said claims of AB.3.

Dispute

have arisen between the parties hereto respecting these claims; and4.

The

parties aforementioned agree to refer the said disputes to arbitration.Now

It Is Agreed Between The Parties Hereto as follows:1. All

the matters in dispute relating to the claims of CD are referred to the final

determination and award of OP as arbitrator.2. For

the purpose of final determination of the disputes aforesaid, the arbitrator

may take such evidence and make such enquiries, as he deems proper. He may

proceed ex parte in case any party fails to attend before him after reasonable

notice. However, he cannot embark upon any secret enquiries for this purpose

behind the back of the parties.3. The

provisions of the Arbitration & Conciliation Act, 1996, so far as

applicable and as are not consistent or repugnant to the purposes of this

reference shall apply to this reference to arbitration.4. Both

the parties agree that they would co-operate and lead evidence before the

arbitrator.5. The

parties hereto agree that this reference to arbitration would not be revoked by

death of either party or for any cause.6. The

award of the arbitrator shall be binding on the parties their heirs, executors

and legal representatives.7. The

parties hereto agree that within one months of the passing of award, the said

award shall be filed in the court and a decree obtained in the terms of the

award.8. The

cost of this reference shall be in the discretion of the arbitrator.In

Witness Whereof the parties hereto have signed this agreement on the day and

year first written above...

(Sd.)(AB)..

(Sd.)(CD)

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