Conciliation | Conciliation Model Clause

Conciliation Model Clause

SAARC Arbitration Council recommends the use of following clause to be added into the business contracts for reference of any future dispute, controversy or claim to it for concilliation.

“Where, in the event of a dispute arising out of or relating to this contract, the parties wish to seek an amicable settlement of that dispute by conciliation, the conciliation shall take place in accordance with the SAARC Conciliation Rules as at present in force.”

(The parties may agree on other conciliation clauses)