Checklist for drafting an Arbitration agreement | Tejas Karia | Arbitration Course| Bettering Result

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  • Опубликовано: 28 сен 2024
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    🔴 In this video, Mr. Tejas Karia, Partner (Head-Arbitration), Shardul Amarchand Mangaldas & Co. teaches a checklist for Drafting an Arbitration Agreement in the Bettering results live session.
    An arbitration agreement is a contract that describes the process for settling a dispute through arbitration.
    Arbitration agreement is one of the most common areas of civil litigation, and at the same time it is one of the most complicated and challenging areas of law. If you are in the process of drafting an arbitration agreement, you may want to know the most important tips and advice that can help you achieve your desired result. In this video, we examine several points that will help you draft a good arbitration agreement.
    👉🏻 Checklist for Drafting Arbitration Agreement -
    1. Preliminary Consideration: Is Arbitration the best dispute resolution option?
    2. Multi-step Clauses: Inclusion of negotiation and/or mediation prior to commencement of arbitration.
    3. Which disputes will be arbitrated?
    4. Who will arbitrate and how will the tribunal be selected?
    5. "Seat/ Place" of arbitration.
    6. Language of the arbitration.
    7. Using an arbitration institution.
    8. Choice of law/ governing law.
    9. Currency in which the award will be made.
    10. Remedies.
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