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Request for Proposal for Appointment of Arrangers for ... - GAIL

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10. Any disputes, controversy or claim arising out <strong>of</strong> or relating to this Agreement, or<br />

the breach, termination or invalidity there<strong>of</strong>, shall be finally settled by arbitration in<br />

accordance the Arbitration and Conciliation Act, 1996 by a sole arbitrator appointed<br />

by <strong>GAIL</strong> (India) Ltd, New Delhi The place <strong>of</strong> arbitration shall be New Delhi and the<br />

language to be used in the arbitral proceedings shall be English. The award <strong>of</strong> the sole<br />

arbitrator shall be final and binding on both parties.<br />

IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be<br />

effective as <strong>of</strong> the date first written above.<br />

<strong>GAIL</strong> (INDIA) LIMITED<br />

Name <strong>of</strong> Arranger / Advisor<br />

By: ____________________<br />

By__________________________<br />

Name: _____________________<br />

Title: ______________________<br />

Name:<br />

Title:<br />

WITNESS<br />

1.<br />

2.

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