Section 3 - Disputes to be Settled through Arbitration: (1) In case any agreement provides for the settlement of disputes through arbitration, the disputes connected with that agreement or with issues coming under that agreement shall be settled through arbitration according to the procedure prescribed in that agreement, if any, and if not, according to this Act.(2) Notwithstanding anything contained in Sub-section (1), in caseof concerned parties to a civil suit of a commercial nature which has beenfiled in a court and which may be settled through arbitration according toprevailing laws, file an application for its settlement through arbitration,such dispute shall also be settled through arbitration.
Comments
Comments
Validity From
2006-06-09
Validity To
9999-12-31
Reference
Technical Code
Agency
Ministry of Law, Justice, and Parliamentary Affairs