Common use of Arbitration or Adjudication Clause in Contracts

Arbitration or Adjudication. a. In the event that the Parties are unable to resolve the Dispute through Direct Discussion under Article 27.2, the Parties shall submit the Dispute for arbitration in accordance with the Arbitration and Conciliation Act, 1996. The arbitration proceedings shall be conducted by the “Secretary, Law, GoMP” as the Sole Arbitrator (“the Sole Arbitrator”). b. The arbitration proceedings shall be conducted in the English language and in Bhopal only. c. The cost incurred on the process of arbitration including inter alia the fees of the arbitral tribunal and the cost of the proceedings shall be borne by the Parties in equal proportions. Each Party shall bear its own legal fees incurred as a result of any Dispute under this Article 27.