In the Matter of an Arbitration between ?THIS IS THE AWARD of us ____________________________________________________________ made the _______day of __________.
WHEREAS: By an agreement dated the ______ day of ________ and made between after reciting certain differences between the parties thereto in connection with the partnership lately existing between them it was agreed that all matters in difference between the parties thereto in anyway relating to the said partnership should be referred to us the said and or any two of us provided the award of the three or of any two of us should be made within such original or extended time as therein is mentioned.
In pursuance of the power contained in the said submission the three arbitrators duly enlarged the time for making their award until the _______ day of ________ next.
It was agreed between the parties to the said submission that the only matters in difference between them upon which we were required to award were the following namely [set out the specific matters upon which the arbitrators were called on to adjudicate].
We the said have agreed upon the award hereinafter contained but the said has expressed his disagreement with and inability to concur in such award and has refused to execute the same.
NOW BE IT KNOWN that we the said do make our award of and concerning the said matters as follows:
We award determine and direct .
We award and direct the costs of all the parties to the submission of and incidental to the arbitration together with the costs of the arbitrators and of this award shall be borne and paid out of the partnership money of the parties to the said submission if and so far as they are sufficient and immediately available for that purpose but if and so far as the said money immediately available for the payment of such costs are insufficient for the purpose the said costs shall be borne and paid by the parties to the said submission in equal shares .
AS WITNESS etc.
Place:

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This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

Our Arbitration team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our arbitration team handles Section 11 applications, awards and enforcement.

Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.

Arbitral Award by Two Out of the Three Arbitrators

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