Arbitration Clause
A contractual clause by which parties agree to refer future disputes to arbitration.
In Simple Terms
A clause in a contract where both sides agree upfront: if we ever disagree, we'll go to arbitration, not court.
Detailed Legal Meaning
An arbitration clause records the parties' agreement to submit disputes arising from their contract to arbitration rather than to ordinary civil litigation, and is treated as an agreement separable from the rest of the contract — its validity generally survives even if the underlying contract is claimed to be void.
Relevant Acts & Sections
- Arbitration and Conciliation Act, 1996Search on India Code ↗