Legaljini

Agreement for appointment of a sole arbitrator on default of the other party

This agreement is required when one party appoints an arbitrator and the other party does not. ARBITRATION is one of the ways to settle the dispute arise on certain issue out of the agreement or contract between the parties, without approaching courts of law by appointing one or more neutral/independent person/s as a mediator/s who act as a judge. Arbitration is possible only in civil matters and not in criminal matters or in gambling or wagering contracts. It can be either in the form of one of the clause in the agreement/contract or it can also be executed by a separate agreement. This agreement is required when one party appoints an arbitrator and the other party does not.

₹ 225.00

1

What is arbitration?

Ans.

Arbitration is a process of dispute resolution in which a neutral third party renders a decision after hearing both the parties. It is an alternative for having recourse to court of law.

2

What is an arbitration agreement?

Ans.

It is an agreement where the parties agree to submit to arbitration the disputes between them in respect of a defined legal relationship. Such relationship may or may not be contractual. It may be in form of a clause or in form of a separate agreement.

3

What are the essentials of an arbitration agreement?

Ans.

1. In writing.
2. Format should be as per the document the parties have agreed to refer to.
3. Parties must sign the document. 
4. An exchange of statements of claim and defense in which the agreement is alleged by one party and is not denied by the other.

4

Which matters cannot be referred to arbitration?

Ans.

1. Insolvency 
2. Lunacy 
3. Appointment of a guardian to a minor
4. Wills & Probate
5. Matters of criminal nature
6. Public Charitable Trusts
7. Matters based on an illegal contract

 

 

STEP 1

Fill in the blank spaces. Delete instructions highlighted in grey.

Fill in the blank spaces. Delete instructions highlighted in grey. E.g. Name, address, date etc.

 

 

 

STEP 2

Alternations: 

Add or delete a clause according to your needs.
Re-check the document.

 

 

 

STEP 3

Stamp Paper

The Stamp Duty value will be made available to you at your legaljini account on purchase of the document.

 

Stamp Duty Payment option 1

If you wish to print Agreement on Stamp Paper, you can buy from court/ Stamp office and said Stamp paper will be used as 1st page of Agreement. If you wish to have 2 copies of Agreement you should buy 2 Stamp Papers (one Stamp Paper for each copy)

 

Stamp Duty Payment option 2

If you have facility of franking for Stamp Duty payment at nearest bank, you need to print the Agreement & get franking done. If you wish to have 2 copies of Agreement you should frank 2 copies (one copy for each party)

 

 

 

 

Ledger Paper

The rest of the document must be printed on SINGLE SIDES OF A SHEET of Ledger Paper

 

Available at:

This Legal Size Green Paper is available at any stationery shop.

 

 

 

STEP 4

Printing on Legal Paper:

 

 

On Stamp Paper

The first page of the print should be taken on a Stamp paper of required value. Make sure to print only on the blank portion of the stamp paper. If you wish to know more about stamp papers, please contact our helpdesk.

 

On Ledger Paper

Rest of the document must be printed on SINGLE SIDES OF A SHEET of Ledger Paper.

 

 

 

STEP 5

Number of Copies Needed:

2 copies

 

 

 

STEP 6

Photographs & Signatures/ Thumb Impression & Initials:

This document must be initialed or marked by the concerned parties at the end of every page.
In addition all corrections/ alterations made after printing must be initialed and should also sign, affix their mark and recent passport size photographs against their names on the last page of the document.   

 

 

 

STEP 7

Witness Attestation (Both Parties):

Must be attested by at least two known witnesses along with their recent passport size photographs.

 

 

 

STEP 8

Registration/ Notary

Registration or Notary is mandatory for some documents. If you need clarification you may contact our Helpline at support@legaljini.com

 

 

Please notarise this document from the Notary Public at your nearest court.

 

 

 

You Need to Know:

N.A.

 

 

 

Please contact our Helpline if you have any difficulty.