Form Of Agreement To Refer The Dispute To One Arbitrator

Form of Agreement to Refer the Dispute to One Arbitrator

This deed of agreement made on this ____ day of ________, 2000, between:

1.             Mr. RN, aged about __ years s/o Mr. PT, r/o _________________, hereinafter called the 1st party.

2.             Mr. KK, aged about __ years s/o Mr. PT, r/o ________________, hereinafter called the 2nd party.

Whereas first and second parties have some dispute regarding  management  of the partnership business, being run by the parties.

And whereas both the parties are agreed upon to refer the dispute to one arbitrator duly appointed by the both parties.

Now This Deed of Agreement Witnesses as Under: -

1.             That both the parties have agreed upon to appoint Mr. SB s/o Mr. KM r/o ______________________ as arbitrator.

2.             That both the parties appoint Mr. SB as arbitrator.

3.             That the arbitrator will go through the partnership deed and decide the  dispute between the parties under the provision of the partnership  deed.

4.             That this  deed shall be confined only upto the dispute of the management of the firm.

Witnesses:

1.         Name_______                     Sd/-______                             1st party

            Address______                    

2.         Name_______                     Sd/-______                             2nd party

Address______