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NOTICE OF ARBITRATION UNDER THE ARBITRATION RULES OF THE UNITED NATIONS COMMISSION ON INTERNATIONAL TRADE LAW AND THE NORTH AMERICAN FREE TRADE AGREEMENT BETWEEN: KEN EX LTD. Claimant / Investor AND
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What is notice of arbitration?
Notice of arbitration is a formal written communication that initiates the process of arbitration. It is usually sent by one party to the other party involved in a dispute, indicating their intent to resolve the dispute through arbitration rather than litigation.
Who is required to file notice of arbitration?
Any party wishing to initiate the arbitration process is required to file a notice of arbitration. This includes both claimants and respondents involved in the dispute.
How to fill out notice of arbitration?
The process of filing a notice of arbitration may vary depending on the arbitration rules and procedures agreed upon by the parties. Generally, it involves providing information about the parties involved, a brief description of the dispute, and the relief sought. It is recommended to consult the specific arbitration rules or seek legal assistance to ensure the correct completion of the notice.
What is the purpose of notice of arbitration?
The purpose of the notice of arbitration is to officially inform the other party about the intent to resolve the dispute through arbitration. It serves as the commencement of the arbitration process and establishes the jurisdiction of the arbitral tribunal over the dispute.
What information must be reported on notice of arbitration?
The specific information required on a notice of arbitration may vary, but typically it includes the names and contact details of the parties, a summary of the dispute, the arbitration agreement or clause relied upon, and the relief sought. It may also include any procedural requests or preferences.
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