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place of arbitration in sale purchase agreement


16-Oct-2023 (In Arbitration Law)
in MOU between two parties of different states , MOU has not mention place of arbitration , and in case of dispute place of arbitration will be of which place
Answers (2)

Answer #1
860 votes
Sir, this will depend on how the Arbitration clause is worded. However, if it is absolutely silent on the aspect as to what is the seat of arbitration (the term used under the act). The fact as to where the cause of action has arisen would be relevant for the purposes of determining the seat/ place of arbitration.
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Answer #2
938 votes
The signing of the agreement shall resolve your dispute with respect to the place of the arbitration. If this remains in dispute then the arbitrator can help this out. Still, it's not resolved then the court will appoint the arbitrator and the place.
Also, the registered address of the companies will play an important aspect in deciding the place.

For arbitrat Proceedings please feel free to reach out to us for further states.
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