1 - BHEL - Industrial Systems Group

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It i$ a term of tbe contract that the party InvolVing atbltration (shaH £pedfy ,the di"pult Of '-dlsplJtet; to be !
refCtfM 10 arbitration undenbi$ cla\lse 10getner with tho amount or amounts daimed in respect or tach HId;
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The arbitrator (5) may (rom time to time with 'C()nsent o{ the parriell :entarge the time, for making uHf
publishins the award .
. Tho work under thc ContrJct sball, if reasonable possible, eontin:~e,durihg ~lIe .rbHraflofi proceedings and no
pay~eot due to payable to the Contractor ~hall be withhe1d on account ~.r such proceedings; _
Tho Arbitrator shalt be deemed to have enfered ~n the rcfet¢~!on the 'date he Issue; notice 10 both tfl:c
PAtties fiJdng tho date of lb. flist he,nng.· i I
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The Arbitrator stun gjv~ a fCparate award in relpect of each difpu{(! of ~rrerence r~rcrted to Mm.j -
The Venue of ~rbitration .haH be such pJace.,l may be fixed by'~~ Arbitrator in his SQ!e dll!l,\fetiO~.
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The award or tbe arbitrator shall be .rnal, conclusive llld biMl(qg ali pn~ie$ to this contract.
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