Joint Memorandum


We hereby agree that disputes or differences, which have arisen between us in respect of our contract                                                                    (give details) dated          and        which        are subject matter of the proceedings                                                                 (specify the nature and particulars of proceedings with cause title) (use separate sheet if necessary) to be resolved by arbitration in accordance with the Rules of Delhi International Arbitration Centre (DAC).

In Witness Whereof, this Agreement has been signed on  this______ Day of______ Month  of  (year) at by:

1.                   for and on behalf of                         .

2.                   for and on behalf of                         .