Model Arbitration Agreement

 

This agreement made on the day of _________month, _________  (year), between_________ (full description and address of the Party to be given) of ONE PART and……. (full description and address of the Party to be given) of the OTHER PART.

 

WHEREAS certain disputes have arisen and are subsisting between the aforesaid parties in relation to…… (details of contract to be given).

AND WHEREAS the Parties agree to submit their dispute(s) for being resolved in  accordance with the Rules of Delhi International Arbitration Centre (DAC).

Now the parties hereby agree as follows:

The parties agree to submit their dispute (s) to arbitration in accordance with the Rules of the Delhi International Arbitration Centre (DAC).