Jurisdiction, Law, and Dispute Resolution. 6.1 Governing law The laws of the People's Republic of China are applicable to this Agreement, including but not limited to the completion, performance, validity and interpretation of this Agreement.
Jurisdiction, Law, and Dispute Resolution. 29.1. This agreement and any dispute or claim (including non‐contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of England and Wales.
Jurisdiction, Law, and Dispute Resolution. The co-founders' agreement must establish the applicable legislation and jurisdiction for resolving disputes. Indian law usually takes precedence unless there are foreign components. Depending on what the parties agree upon, jurisdiction may be either exclusive or non-exclusive. Furthermore, a well-defined process for resolving disputes is required; to prevent expensive and time-consuming court battles, alternative approaches like conciliation, arbitration, or mediation are frequently preferred, provided it is specified in the clause.
