Common use of LAW AND ARBITRATION Clause in Contracts

LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) The arbitral tribunal shall be composed of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (ii) The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties to be made, in Mumbai. (iii) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (iv) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement in this Clause, shall be governed by and be subject to Indian law.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

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LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, by and construed in accordance with Indian law. b) . Any dispute, controversy or claims arising out of or relating relation to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the (Indian) Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) The arbitral tribunal shall be composed of a sole three arbitrators, one arbitrator mutually appointed by each Party and one another arbitrator appointed by the Parties. In the event of non-agreement each mutual consent of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (ii) so appointed. The place of arbitration shall be Mumbai ________ and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in Mumbai. (iii) _________. The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. . The award of the arbitrator shall be final and conclusive and binding upon the Parties, and the Parties shall be entitled (ivbut not obliged) to enter judgement thereon in any one or more of the highest courts having jurisdiction. The rights and obligations of the Parties under, or pursuant to, this Clause, Clause including the arbitration Agreement agreement in this Clause, shall be governed by and be subject to Indian law.. The cost of the arbitration proceeding would be borne by the parties on equal sharing basis. NON – EXCLUSIVITY

Appears in 1 contract

Samples: Implementation Agreement

LAW AND ARBITRATION. (a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law.laws (b) Arbitration: (i) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Indian Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings:. (iii) The arbitral tribunal shall be composed compose of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedingsbyNirmal Bang. (iiiii) The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in Mumbai and subject to jurisdiction of courts in Mumbai. (iiiiv) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (ivv) The award of the arbitrator shall be final and conclusive and binding upon the Parties. (vi) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement agreement in this Clause, shall be governed by and be subject to Indian lawlaws. (vii) Notwithstanding the existence of any dispute, the Parties shall continue to perform their respective obligations under this Agreement pending resolution of the dispute without regard to the dispute, insofar as those obligations are not the subject matter of the dispute. (c) Notwithstanding the above, the Parties shall be entitled to approach the Court of appropriate jurisdiction in Mumbai for the grant of any interim or equitable or any other relief.

Appears in 1 contract

Samples: Associate Empanelment Agreement

LAW AND ARBITRATION. a(A) The provisions of this Agreement shall be governed by, and construed in accordance with Indian lawlaws. b(B) Arbitration: (i) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Indian Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings:. (iii) The arbitral tribunal shall be composed compose of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedingsiFAST. (iiiii) The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in Mumbai. (iiiiv) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (ivv) The award of the arbitrator shall be final and conclusive and binding upon the Parties, and the Parties shall be entitled (but not obliged) to enter judgment thereon in any one or more of the apex courts having jurisdiction. (vi) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement agreement in this Clause, shall be governed by and be subject to Indian lawlaws. (vii) Notwithstanding the existence of any dispute, the Parties shall continue to perform their respective obligations under this Agreement pending resolution of the dispute without regard to the dispute, insofar as those obligations are not the subject matter of the dispute. (C) Notwithstanding the above, the Parties shall be entitled to approach the Court of appropriate jurisdiction in Mumbai for the grant of any interim or equitable relief.

Appears in 1 contract

Samples: Associate Empanelment Agreement

LAW AND ARBITRATION. a) a. The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) b. Any dispute, controversy or claims arising out of or relating relation to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the (Indian) Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings:. (i) c. The arbitral tribunal shall be composed of a sole three arbitrators, one arbitrator mutually appointed by each Party and one another arbitrator appointed by the Parties. In the event of non-agreement each mutual consent of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedingsso appointed. (ii) d. The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in Mumbai. (iii) e. The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. f. The award of the arbitrator shall be final and conclusive and binding upon the Parties, and the Parties shall be entitled (ivbut not obliged) to enter judgement thereon in any one or more of the highest courts having jurisdiction. g. The rights and obligations of the Parties under, or pursuant to, this Clause, Clause including the arbitration Agreement agreement in this Clause, shall be governed by and be subject to Indian law. h. The cost of the arbitration proceeding would be borne by the parties on equal sharing basis. NON – EXCLUSIVITY A. Insurer reserves the right to appoint any other provider for implementing the packages envisaged herein and the provider shall have no objection for the same.

Appears in 1 contract

Samples: Health Insurance Policy

LAW AND ARBITRATION. a(i) The provisions Provisions of this Agreement MOU shall be governed by, by and construed in accordance with Indian law. b(ii) Any dispute, dispute controversy or of claims arising out of or relating relation to this Agreement or MOD of the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the (Indian) Arbitration and Conciliation Act, . 1996. Following provisions shall be adhered to for any such arbitral proceedings:. (iiii) The arbitral arbitrary tribunal shall be composed of a sole three arbitrators, one arbitrator mutually appointed by each Party and one another arbitrator appointed by the Parties. In the event of non-agreement each mutual consent of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedingsso appointed. (iiiv) The place of arbitration shall be Mumbai Dehradun and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in MumbaiDehradun. (iiiv) The arbitral arbitrary procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (ivvi) The award of the arbitrator shall be final and conclusive and binding upon the Parties, and the Parties shall be entitled (but not obliged) to enter judgment thereon in anyone or more of the highest courts having jurisdiction. (vii) The rights and obligations of the Parties parties under, or pursuant to, this Clause, Clause including the arbitration Agreement MOU in this Clause, shall be governed by and be subject to Indian law. (viii) The cost of the arbitration proceeding would be borne by the parties on equal sharing basis.

Appears in 1 contract

Samples: Memorandum of Understanding

LAW AND ARBITRATION. a(i) The provisions of this Agreement shall be governed by, by and construed in accordance with Indian law. b(ii) Any dispute, controversy or claims arising out of or relating relation to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the (Indian) Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings:. (iiii) The arbitral tribunal shall be composed of a sole three arbitrators, one arbitrator mutually appointed by each Party and one another arbitrator appointed by the Parties. In the event of non-agreement each mutual consent of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedingsso appointed. (iiiv) The place of arbitration shall be Mumbai Dehradun and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in MumbaiDehradun. (iiiv) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (ivvi) The award of the arbitrator shall be final and conclusive and binding upon the Parties, and the Parties shall be entitled (but not obliged) to enter judgement thereon in any one or more of the highest courts having jurisdiction. (vii) The rights and obligations of the Parties under, or pursuant to, this Clause, Clause including the arbitration Agreement agreement in this Clause, shall be governed by and be subject to Indian law. (viii) The cost of the arbitration proceeding would be borne by the parties on equal sharing basis.

Appears in 1 contract

Samples: Hospital Agreement

LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) The arbitral tribunal shall be composed of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (ii) The place of arbitration shall be Mumbai Delhi and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties to be made, in MumbaiDelhi. (iii) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (iv) The rights and obligations award of the Parties under, or pursuant to, this Clause, including the arbitration Agreement in this Clause, arbitrator shall be governed by final and conclusive and binding upon the Parties, and the Parties shall be entitled (but not obliged) to enter judgement thereon in any one or more of the courts having jurisdiction. The Parties further agree (to the maximum extent possible and allowed to them) that such enforcement shall be subject to Indian lawthe provisions of the Arbitration and Conciliation Act, 1996.

Appears in 1 contract

Samples: Service Agreement

LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) Any dispute, controversy controversy, or claims arising out of or relating to this Agreement or the breach, termination termination, or invalidity thereof, thereof shall be settled by through arbitration in accordance with the provisions rules and procedures as agreed upon by both parties. The place of arbitration shall be Patna. The arbitral award shall be final and binding on both parties. The parties agree to keep the arbitral proceedings and award confidential, except as necessary to enforce the award. The parties shall bear their respective costs and expenses, including the fees and expenses of the Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings:arbitrator(s)." (i) The arbitral tribunal shall be composed of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (ii) The place of arbitration shall be Mumbai Patna and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties to be made, in MumbaiPatna. (iii) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (iv) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement in this Clause, shall be governed by and be subject to Indian law.

Appears in 1 contract

Samples: Service Agreement

LAW AND ARBITRATION. (a) The provisions of this Agreement shall be governed by, by and construed in accordance with Indian law. b(i) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Indian Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings:. (iii) The arbitral tribunal shall be composed of a sole arbitrator mutually to be appointed by the Parties. In the event of non-agreement each of both the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedingswith mutual understanding. (iiiii) The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in Mumbai. (iiiiv) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (ivv) The award of the arbitrator shall be final and conclusive and binding upon the Parties (vi) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement agreement in this Clause, shall be governed by and be subject to Indian lawunder the exclusive jurisdiction of the courts located at Mumbai.

Appears in 1 contract

Samples: General Agency Agreement

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LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) . Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) : The arbitral tribunal shall be composed of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (ii) . The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties to be made, in Mumbai. (iii) . The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (iv) . The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement in this Clause, shall be governed by and be subject to Indian law.

Appears in 1 contract

Samples: Service Agreement

LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) The arbitral tribunal shall be composed of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (iii) The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties to be made, in Mumbai. (iiii) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (iv) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement in this Clause, shall be governed by and be subject to Indian law.

Appears in 1 contract

Samples: Service Agreement

LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b(i) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Indian Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) The arbitral tribunal shall be composed of a sole three arbitrators, one arbitrator mutually to be appointed by each Party and third arbitrator appointed by the Parties. In the event of non-agreement each mutual consent of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (ii) so appointed. The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties parties to be made, in Mumbai. (iii) . The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. . The award of the arbitrator shall be final and conclusive and binding upon the Parties, and the Parties shall be entitled (ivbut not obliged) to enter judgment thereon in any one or more of the highest courts having jurisdiction. The rights and obligations of the Parties under, or pursuant to, to this Clause, including the arbitration Agreement agreement in this Clause, shall be governed by and be subject to Indian law.

Appears in 1 contract

Samples: Trading Member and Authorised Person Agreement

LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) The arbitral tribunal shall be composed of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (iii) The place of arbitration shall be Mumbai and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties to be made, in Mumbai. (iii( i) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (iv) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement in this Clause, shall be governed by and be subject to Indian law.

Appears in 1 contract

Samples: Service Agreement

LAW AND ARBITRATION. a) The provisions of this Agreement shall be governed by, and construed in accordance with Indian law. b) Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996. Following provisions shall be adhered to for any such arbitral proceedings: (i) The arbitral tribunal shall be composed of a sole arbitrator mutually appointed by the Parties. In the event of non-agreement each of the parties shall individually appoint an arbitrator and there two arbitrators shall thereafter jointly appoint a third arbitrator which three arbitrators shall jointly conduct arbitration proceedings. (ii) The place of arbitration shall be Mumbai Kolkata and any award whether interim or final, shall be made, and shall be deemed for all purposes between the Parties to be made, in MumbaiKolkata. (iii) The arbitral procedure shall be conducted in the English language and any award or awards shall be rendered in English. The procedural law of the arbitration shall be Indian law. (iv) The rights and obligations of the Parties under, or pursuant to, this Clause, including the arbitration Agreement in this Clause, shall be governed by and be subject to Indian law.

Appears in 1 contract

Samples: Service Agreement

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