Arbitration ?

Todi (Querist) 30 July 2013 This query is : Resolved
Can one initiate Arbitration process unilaterally If there is a MoU mentioning the arbitration clause and other parties to it refuse to go for arbitration ?

Which is better forum for arbitration as a friend has suggested Bombay Chamber of Commerce, Mumbai. Pl suggest alternate options in Mumbai.

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Devajyoti Barman (Expert) 30 July 2013
You can leave the choice of appointment of arbitrator to the court.

Todi (Querist) 30 July 2013
Mr. Barman, With due respect to your experience pl. advice if there is any other way as well as what court will do if others involved don't move forward with arbitration ? Can arbitration be enforced if it is part of MoU ?

Todi (Querist) 30 July 2013
Experts pl. respond.

Devajyoti Barman (Expert) 31 July 2013
Yes, it can be enforced if you act upon the MOU.
You can mention the name if any individual as arbitrator.
The arbitration service given by the Chambers are really expensive and generally big industrial house appoint them.

Rajendra K Goyal (Expert) 31 July 2013
Try alternate arbitrator as suggested by the expert Devajyoti Barman ji.

Raj Kumar Makkad (Expert) 01 August 2013
Barman has rightly advised and I do endorse his views.

Todi (Querist) 01 August 2013
Thanks to gentlemen experts with two matching advice we hope it will work. Regards-Todi

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