MCIA Rules definition

MCIA Rules has the meaning ascribed to such term in Clause 14.3 of the Agreement;
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MCIA Rules has the meaning ascribed to such term in Clause 14.4 of the Agreement; “Net Offer” means the Offer, less the Employee Reservation Portion;
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MCIA Rules shall have the meaning given to such term in Section 21.1;
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Examples of MCIA Rules in a sentence

  • In the event that there are more than two (2) disputing parties, then such arbitrator(s) shall be appointed in accordance with the MCIA Rules and the Arbitration Act; and each of the arbitrators so appointed shall have at least five years of relevant experience in the area of securities and/or commercial laws.

  • The arbitration will be conducted in accordance with the provisions of the MCIA Rules (as defined below) and the Arbitration and Conciliation Act, 1996 (the “Arbitration Act”).

  • The parties agree that any arbitration commenced pursuant to this section shall be conducted in accordance with the Expedited Procedure set out in Rule 12.3 of the MCIA Rules.

  • The two arbitrators shall appoint the third or the presiding arbitrator within 15 days of the receipt of the second arbitrator’s confirmation of his/her appointment in accordance with the MCIA Rules.

  • In the event that there are more than two Disputing Parties, then such arbitrators shall be recommended by the Disputing Parties in accordance with the MCIA Rules.

  • The MCIA Rules, as far as applicable, form part of the present clause, as if the same were reproduced herein.

  • In the event, the Disputing Party(ies) fail to appoint an arbitrator or the nominee arbitrators fail to appoint the presiding arbitrator as provided herein, such arbitrator(s) shall be appointed in accordance with the MCIA Rules.

  • The MCIA Rules are incorporated by reference into this Clause 15.1. The arbitration to be conducted in accordance with the provisions of the MCIA Rules and the Arbitration and Conciliation Act, 1996 (the “Arbitration Act”).

  • The MCIA Rules are incorporated by reference into this Clause 13.1. The arbitration to be conducted in accordance with the provisions of the MCIA Rules and the Arbitration and Conciliation Act, 1996 (the “Arbitration Act”).

  • In case the value of the claim is equal to or lesser than INR 10,00,00,000 (Rupees Ten Crores Only) the parties shall refer the dispute(s) to a sole arbitrator and the arbitration shall be governed by MCIA Rules.


More Definitions of MCIA Rules

MCIA Rules the then in force arbitration rules of the Mumbai Centre t of International Arbitration.
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