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Notice of Arbitration - Company

This document is a formal notice invoking arbitration under the Arbitration and Conciliation Act, 1996, regarding a dispute related to specific work orders. It requests the recipient to nominate an arbitrator within a specified timeframe and outlines the consequences of failing to do so. The notice is issued without prejudice to the sender's rights and contentions.
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0% found this document useful (0 votes)
182 views2 pages

Notice of Arbitration - Company

This document is a formal notice invoking arbitration under the Arbitration and Conciliation Act, 1996, regarding a dispute related to specific work orders. It requests the recipient to nominate an arbitrator within a specified timeframe and outlines the consequences of failing to do so. The notice is issued without prejudice to the sender's rights and contentions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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WITHOUT PREJUDICE

NOTICE INVOKING ARBITRATION IN ACCORDANCE WITH SECTION


11(2) r/w SECTION 21 OF THE ARBITRATION AND CONCILIATION
ACT, 1996

Ref: [Insert Reference Number] Date: 05.05.2024

[Name and Address of the Party to whom the notice is addressed]

SUBJECT: NOTICE FOR INVOKING ARBITRATION UNDER THE


GENERAL CONDITIONS OF CONTRACT APPENDED TO THE
FOLLOWING WORK ORDERS:

[Insert details of Work Orders and reference to relevant clauses


of the General Conditions of Contract]

Dear Sir/Madam,

1. Please consider this as the formal notice under Clauses [Insert


relevant clauses] of the General Conditions of Contract, appended
as Annexure – ‘A’ separately to [Insert Work Order details]
respectively, which we are writing to formally refer to arbitration,
the dispute that has arisen on account of [Insert brief description of
the dispute].

2. [Insert details of the dispute and relevant background information].

3. [Insert details of outstanding amounts and interest, if any].

4. [Insert any other relevant information].

5. In light of the above, we hereby request that you nominate an


arbitrator within [Insert time frame] days from the receipt of this
notice in accordance with Section 11(3) of the Arbitration and
Conciliation Act, 1996.
6. Kindly acknowledge receipt of this notice and confirm your
agreement to refer the dispute to arbitration.

7. Please take notice that if you fail to nominate an arbitrator within


the stipulated time frame, we shall be entitled to appoint our
arbitrator in accordance with Section 11(4) of the Arbitration and
Conciliation Act, 1996.

8. This notice is being issued without prejudice to our rights and


contentions in the matter.

Yours faithfully,

[Insert Name and Designation]

[Insert Name of the Company]

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