Non-Judicial Stamp Paper is required for this contract to be sworn before a First Class Magistrate or a Notary in the State. Check stamp duty charges in another state: Select state
Andaman & Nicobar Islands
Andhra Pradesh
Arunachal Pradesh
Assam
Bihar
Chandigarh
Chhattisgarh
Dadra & Nagar Haveli
Daman & Diu
Delhi
Goa
Gujarat
Haryana
Himachal Pradesh
Jammu & Kashmir
Jharkhand
Karnataka
Kerala
Lakshdweep
Madhya Pradesh
Maharashtra
Manipur
Meghalaya
Mizoram
Nagaland
Odisha
Other Territory
Puducherry
Punjab
Rajasthan
Sikkim
Tamil Nadu
Telangana
Tripura
Uttar Pradesh
Uttarakhand
West Bengal

Stamp paper is not included with this agreement and is for illustration purposes only. If e -stamp is applicable in your city you can order it during checkout.

GUIDELINE

Guideline for Drafting an Agreement of Reference to a Common Arbitrator:

Usage:
An Agreement of Reference to a Common Arbitrator is used in legal and commercial contexts when two or more parties wish to resolve a dispute through arbitration and agree to appoint a single arbitrator to make decisions. This agreement outlines the rules, procedures, and responsibilities of the arbitrator. Here's a concise guideline:

Identification: Clearly identify the parties involved, specifying their names, roles, and the nature of the dispute.

Arbitrator Selection: Name the chosen arbitrator, specifying their qualifications, impartiality, and responsibilities.

Arbitration Procedures: Detail the procedures for initiating arbitration, presenting arguments, gathering evidence, and rendering awards.

Arbitrator's Authority: Define the scope of the arbitrator's authority, decision-making process, and any limitations or exclusions.

Governing Law: Specify the governing law or jurisdiction for the arbitration agreement.

Confidentiality: Include a confidentiality clause to protect sensitive information discussed during arbitration.

Signature: Ensure that all parties involved sign the agreement of reference.

Common Mistakes to Avoid:

Ambiguity: Ensure the agreement is clear and specific to prevent disputes over its interpretation.
Neglecting Legal Review: Consult legal professionals to ensure compliance with arbitration laws and regulations.
Failure to Define Rules: Specify the rules, timelines, and procedures for arbitration clearly.
Excluding Key Details: Include provisions for cost-sharing, choice of arbitration organization, and venue.
Ignoring Changes: Update the agreement if the terms or circumstances change.
Drafting an Agreement of Reference to a Common Arbitrator is essential for a fair and efficient dispute resolution process. Legal consultation is advisable to create a document that is legally sound, compliant, and tailored to the specific needs and concerns of the parties while ensuring compliance with relevant laws and regulations.

Share This Document :