Warning: Use of undefined constant ‘1’ - assumed '‘1’' (this will throw an Error in a future version of PHP) in /home/biacorg/public_html/wp-content/plugins/easy-visitor-counter/index.php on line 215

Warning: Creating default object from empty value in /home/biacorg/public_html/wp-content/themes/BLAC/framework/ReduxCore/inc/class.redux_filesystem.php on line 29
BIAC Mediation Clause – BIAC

BIAC Mediation Clause

Suggested Med-Arb Clause

“Any dispute or difference arising out of or in connection with this contract shall first be referred to the Bangladesh International Arbitration Centre (BIAC) for settlement through mediation in accordance with BIAC Mediation Rules. If a settlement cannot be reached within sixty (60) days following the appointment of the Mediator(s), then such dispute or difference shall be referred to BIAC within sixty (60) days to be finally settled under the rules of arbitration of the Bangladesh International Arbitration Centre, by one or more arbitrators appointed in accordance with the said Rules.”

BIAC Mediation Clause:

“Any dispute or difference arising out of or in connection with this contract shall be referred to the Bangladesh International Arbitration Centre (BIAC) for settlement through mediation in accordance with BIAC Mediation Rules, before such dispute is submitted to court or arbitration.”