Arbitration Clause 2024

Parties to a contract who agree to resolve their contractual disputes in accordance with the Vishlaw Global Arbitration Rules, 2024 and to have the Vishlaw Global act as appointing authority and/or provide administrative services, may use the following clause:

If a dispute arises out of or in connection with the contract, or in respect of any defined legal relationship associated therewith or derived therefrom, the parties agree to submit that dispute to arbitration under the Arbitration Rules 2024 of Vishlaw Global Center for Dispute Resolution.  The Authority to appoint the arbitrator(s) shall be the Vishlaw Global Center for Dispute Resolution. The Vishlaw Global Center for Dispute Resolution will provide administrative services in accordance with the Arbitration Rules 2024 of Vishlaw Global Center for Dispute Resolution.

Note: Parties may consider adding the following:

  •  The number of arbitrator(s) shall be____________
  • The arbitration tribunal’s decision shall be final and binding on the parties.
  • The language of the arbitration proceedings shall be ____________
  • Specific qualifications of the arbitrator(s) including (but not limited to) language, nationality, technical qualifications, and experience.
  • The place of arbitration proceedings shall be _______________
  • Arbitral proceedings may be conducted in physical / virtual/ hybrid mode as decided by the Arbitral Tribunal.
Arbitration Clause 2024