Essentials of Arbitration
Agreement
BY
RIDDHI PRATIM DUTTA, LL.M
FOUNDER ,R P DUTTA & ASSOCIATES
What Is Arbitration Agreement
• Essentially an agreement between parties to submit disputes to
arbitration
• Therefore, it is an contractual undertaking
Form - arbitration agreement
• Is it in Writing?
• Is it signed by parties?
• Is it a separate agreement or contained within primary contract?
• Is there a written communication which provides record of such
writing?
• When statement of claim and defense exchanged whether one
party accepted existence of any agreement/clause of arbitration?
Contents of an arbitration clause
• Is there a definite procedure?
• How many arbitrators ?
• What are the required qualifications for appointment?
• Who can make these appointments of arbitrators?
• What is the choice of law to be followed in the arbitration?
Contents of arbitration clause Contd.
• Is there a time period within which appointment to be made?
• Where is the venue of arbitration?
• Is there time limit within which award to be finalized?
• Which Court should have jurisdiction?
Keep in Mind
• Terms of the agreement must clearly indicate intention to refer the
matter to arbitration
• Tribunal should be empowered to adjudicate
• Parties must agree that final decision shall be binding
The End
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Essential of arbitration agreement

  • 1.
    Essentials of Arbitration Agreement BY RIDDHIPRATIM DUTTA, LL.M FOUNDER ,R P DUTTA & ASSOCIATES
  • 2.
    What Is ArbitrationAgreement • Essentially an agreement between parties to submit disputes to arbitration • Therefore, it is an contractual undertaking
  • 3.
    Form - arbitrationagreement • Is it in Writing? • Is it signed by parties? • Is it a separate agreement or contained within primary contract? • Is there a written communication which provides record of such writing? • When statement of claim and defense exchanged whether one party accepted existence of any agreement/clause of arbitration?
  • 4.
    Contents of anarbitration clause • Is there a definite procedure? • How many arbitrators ? • What are the required qualifications for appointment? • Who can make these appointments of arbitrators? • What is the choice of law to be followed in the arbitration?
  • 5.
    Contents of arbitrationclause Contd. • Is there a time period within which appointment to be made? • Where is the venue of arbitration? • Is there time limit within which award to be finalized? • Which Court should have jurisdiction?
  • 6.
    Keep in Mind •Terms of the agreement must clearly indicate intention to refer the matter to arbitration • Tribunal should be empowered to adjudicate • Parties must agree that final decision shall be binding
  • 7.