MODEL CLAUSE
1. JustAct Model Negotiation Clause
The parties shall endeavour to resolve any dispute arising out of or in connection with anything contained in the Agreement or otherwise by negotiation through JustAct, [www.justact.co.in] within 30 (thirty days) of its occurrence or such extended time as may be mutually agreed by the parties.
The Institution shall, among other things, appoint a neutral Mediator/Conciliator and provide a platform for settlement of dispute between the parties as per the negotiation Rules of the Institution. The settlement agreement resulting from the negotiation shall be provided in the form of a Conciliation Award as per section 74 of the Arbitration and Conciliation Act, 1996.
Should this clause create a contradiction with a statutory requirement or a judicial mandate to resolve certain types of disputes through specific courts, the statutory requirement shall prevail.
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