NOTICE INVOKING ARBITRATION
- Date of Notice
- Claimant
- Respondent
- Contract
- dated
TO:
Email:
Dear Sir/Madam,
NOTICE OF ARBITRATION. This is a formal Notice of Arbitration under Section 21 of the Arbitration and Conciliation Act, 1996 (the "Act"). hereby invokes arbitration proceedings against in respect of disputes arising out of or relating to the dated .
THE CONTRACT. The parties entered into a contract for on . The contract contains an arbitration clause as set out in . A copy of the relevant contract/arbitration clause is annexed as Exhibit A.
NATURE OF DISPUTE. The dispute between the parties is as follows:
GROUNDS FOR ARBITRATION. The Respondent has breached the contract by failing to ... This breach has caused loss and damage to the Claimant.
PRIOR ATTEMPTS AT SETTLEMENT. The following attempts have been made to settle the dispute amicably:
- Amount Claimed
- ₹
- Breakdown
Relief Sought:
SEAT OF ARBITRATION. The seat of arbitration shall be , India. The arbitration shall be conducted in accordance with the and the laws of India.
LANGUAGE OF ARBITRATION. The language of arbitration shall be .
APPOINTMENT OF ARBITRATOR(S)
APPLICABLE LAW. The substantive law applicable to the merits of the dispute shall be the laws of India, specifically the .
STATEMENT OF CLAIM. A detailed Statement of Claim setting out the facts, legal arguments, evidence, and damages will be filed separately within 30 days from the appointment of the Arbitrator(s), or as per the procedural order.
RESPONDENT'S RESPONSE. The Respondent is directed to file a Response/Statement of Defense within 30 days of receipt of the Statement of Claim, setting out the facts, arguments, and evidence in support of its defense.
CONFIDENTIALITY. The arbitration proceedings and award shall be conducted and kept confidential, as required under Section 42A of the Act. The parties and arbitrators shall not disclose any information regarding the proceedings without written consent.
COSTS. Each party shall bear its own costs unless the Arbitrator directs otherwise. The costs of the arbitration (arbitrator's fees, venue, administration) shall be borne by both parties as directed by the Arbitrator.
NOTICE OF DISPUTE SUBMISSION. The Claimant hereby submits this dispute to arbitration under the terms of the contract and the Arbitration and Conciliation Act, 1996.
CONTACT FOR CORRESPONDENCE:
Email:
Phone:
Counsel for Claimant:
Email:
Phone:
This notice is issued on in accordance with Section 21 of the Arbitration and Conciliation Act, 1996.
Yours Sincerely,
(Claimant)
ENCLOSURES:
- Copy of the Contract
- Copy of Arbitration Clause
- Evidence of prior communication/demands
- Supporting documents