Arbitration Agreement Between Partners | India

Appoint an arbitrator to handle disputes arising between partners in an Indian partnership with this template Arbitration Agreement form.

• 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.
• This template is available as a downloadable MS Word document and is easy to customise with specific terms and conditions.
• Governed by Indian law.