In force · As amended up to 2026-08
CHAPTER II
Arbitration agreement
7. Arbitration agreement . — (1) In this Part, "arbitration agreement" means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not.
(2) An arbitration agreement may be in the form of an arbitration clause in a contract or in the form of a separate agreement.
(3) An arbitration agreement shall be in writing.
- (4) An arbitration agreement is in writing if it is contained in —
- (a) a document signed by the parties;
(b) an exchange of letters, telex, telegrams or other means of telecommunication[1] [including communication through electronic means] which provide a record of the agreement; or
7. The present Protocol may be denounced by any Contracting State on giving one year's notice. Denunciation shall be effected by a notification addressed to the Secretary-General of the League, who will immediately transmit copies of such notification to all the other Signatory States and inform them of the date on which it was received. The denunciation shall take effect one year after the date on which it was notified to the Secretary-General, and shall operate only in respect of the notifying State.
7. The arbitrator's law firm currently has a significant commercial relationship with one of the parties or an affiliate of one of the parties.
Source: India Code