TILF MediationTilf Arbitration

 

 

TILF ARBITRATION CLAUSE IS RECOMMENDED TO BE USED IN ALL KINDS OF CONTRACTS, MORE PARTICULARLY:

Employment Contracts, Vendor Contracts, Construction & Building Contracts, Infrastructure contracts, Loan Agreements, Lease Deeds, License Deeds, Technology Transfer, Intellectual Property Licensing / Assignments, Sale and Purchase Contracts, Partnership Deeds, Joint Venture, Outsourcing Contracts, Product Development contracts, etc. For any assistance, write to registrar@indianlegalfoundation.com

Use the following MODEL ARBITRATION CLAUSE in all the Contracts:

MODEL ARBITRATION CLAUSE

Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the TILF Arbitration Procedure Code, 2012, which shall be deemed to be incorporated by reference into this clause. The number of arbitrators shall be [one/three]. The seat, or legal place, of arbitration shall be [City and/or Country]. The language to be used in the arbitration shall be [English/? ].

TILF MODEL ARBITRATION & MEDIATION CLAUSE

In the event of a dispute arising out of or relating to this contract, including my question regarding its existence, validity or termination, the parties shall first seek settlement of that dispute by mediation in accordance with the TILF Mediation Code, which shall be deemed to be incorporated by reference into this clause. If the dispute is not settled by mediation within thirty days of the appointment of the mediator, or such further period as the parties shall agree in writing, the dispute shall be referred to and finally resolved by arbitration under the TILF Arbitration Procedure Code, 2012, which shall be deemed to be incorporated by reference into this clause. The number of arbitrators shall be [one/three]. The seat, or legal place, of arbitration shall be [City and/or Country]. The language to be used in the arbitration shall be [English/? ].

(DOWNLOAD TILF ARBITRATION AND MEDIATION CENTRE RULES)

TILF Arbitration Rules

TILF Mediation Rules