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Document Id : 8780
File Type : Microsoft Word
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India Arbitration Agreement Between Partners
Appoint an arbitrator to handle disputes arising between members of an Indian partnership with this Arbitration Agreement Between Partners.
- Referral to Arbitrator. The parties will refer all of their disputes regarding the partnership to the arbitrator.
- Division of Assets. The arbitrator will decide how to divide the partnership assets upon dissolution of the partnership.
- Debts and Liabilities. The arbitrator will also make provision for payment of the partnership’s debts and liabilities.
- Inspection of Records. The arbitrator has the power to have an accountant inspect the books and records of the partnership.
- Failure to Participate. If any partner refuses to participate, the arbitrator has the power to proceed against that party in his or her absence.
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