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Model Arbitration Agreement

All disputes arising from or in connection to this contract, including any question regarding its existence, validity or termination, shall be finally settled by arbitration to be administered by the International and Domestic Arbitration Centre, India (IDAC India - Vadodara) in accordance with the IDAC India Rules for the time being in force, without recourse to the ordinary courts of law.
The Tribunal shall consist of one/three arbitrator/s and shall be seated at Vadodara. The Arbitration Proceedings will be held at Vadodara or any other place mutually decided by parties. The language of the arbitration shall be English. The Procedural and substantive law applicable to the dispute is Indian Law.