A.D.C.C.A.C

ACTIVITIES REQUIRING APPROVAL BY COMPETENT AUTHORITIES

Dear Businessmen

Arbitration became one of the most popular aspects of modern times.
Being an integral system through which trade disputes may be settled. Arbitration is non adopted because of Its mum-advantages and significance as far as commercial dealings or transactions are concerned.
For practical considerations, it is now a common knowledge to agree on arbitration as a means for referring certain disputes to persons in whom litigants lay their confidence. This, of course, much for better than bringing a suit before the courts of law, since it avails the opportunity to take The advantage of The arbitrators' experiences and to avoid controversial international laws, a fact which accordingly leads to save all the time; money and efforts which would otherwise be spent over many sessions at the courts of law.
On the 10th of February. 1993, Abu Dhabi Chamber of Commerce & Industry established a specialized center to settle trade disputes through conciliation and arbitration. The Center kept panels to register the names of specialists In the fields of conciliation, arbitration, expertise and translation.
Conciliation is considered one of the amicable means to which disputed parties resort in order to salve their trade disputes. Conciliation Is conducted through a mediator accredited by the Canter or selected by both disputed parties. However the conciliator's decision concerning a dispute in question is not considered abiding for any of The two parties, but It has the nature of recommendation on a proposal conducting to dispute-solving.
Arbitration is considered an instrument of agreement to which disputed parties are resorting to solve Their trade disputes. It is conducted Through one arbitrator or more nominated by The Canter or the parties, as to the case.
The arbitrator's decision Is viewed as a final dispute settlement having The power of execution once being acquired by the concerned court of law.
 

THE CENTER'S SERVICES

You can take The advantages of the services rendered by Abu Dhabi Commercial Conciliation & Arbitration Canter in order to realize stability in the fields of commerce and business. This may be done through stating for the standard clauses of The center in your agreements or contracts signed whether with local or international parties.
You may also take the benefit from the services offered by The Canter In the fields of expertise and translation, as you may resort to the Canter in Those cases requiring quick perusals by experts, or translations to the papers and documents you have.
The services offered by Abu Dhabi Commercial Conciliation & Arbitration Canter constitute a part of those offered by Abu Dhabi Chamber of Commerce & Industry for Its members and all those interested in having such services.
 

STANDARD CLAUSES LEFT FOR YOUR DISCRETION

STANDARD CONCILIATION CLAUSE
  It is advisable to adopt the following provision of Conciliation clause in the agreements and contracts you intend to sign:
 
"All disputes arising from the interpretation; implementation or termination of the agreement/contract herein shall have to be conclusively settled via conciliation in accordance with me provisions on conciliation provided in the Abu Dhabi Commercial Conciliation & Arbitration Center's Procedural Regulations and through a Conciliation board comprising one; three or more Conciliator(s) who shall be nominated and summoned up in accordance with the rules and procedures provided in the Center's Procedural Regulations".
NOTE (1)
Please, kindly note that the number of conciliators remains up to your discretion, i.e. when the above mentioned clause is stated in your agreements. You have to determine the number of Conciliators clearly by stating "one", "three" or more than Three conciliators
 
STANDARD ARBITRATION CLAUSE
If you are unwilling to adopt Conciliation procedures, it is advisable to provide the following clause of arbitration In your agreements or contracts:
 
"Al disputes arising from the interpretation; implementation or termination of the agreement/contract herein shall have to be conclusively settled via arbitration in accordance with the provisions on arbitration provided in the Abu Dhabi Commercial Conciliation & Arbitration Center's Procedural Regulations and through an arbitration board comprising one; three or more arbitrators who shall be nominated and summoned up In accordance with the rules and procedures provided in the Center's Procedural Regulations".
 
NOTE (2)
Please, kindly note that the number of arbitrators remains up to your discretion, i.e. When the above mentioned clause is stated in your agreements. You have to determine the number of arbitrators clearly by stating either "one"; "three" or more than Three arbitrators.
 
STANDARD MIXED CLAUSE
If you are unwilling to adopt neither this nor that alone, it is advisable then to provide the following mixed clause in your agreements and contracts:
 
"All disputes arising from the interpretation; implementation or termination of the agreement/contract herein shall have to be Initially settled via Conciliation and through a special board comprising one; three or more Conciliators who shall be nominated and summoned up In accordance with the provisions of the Abu Dhabi Commercial Conciliation & Arbitration Center's Procedural Regulations. In the event of failure of such endeavors, or consent on giving up the aforementioned Conciliatory clause, the dispute shall have to be conclusively settled via arbitration and through a special board comprising one; three or more arbitrators who shall be nominated and summoned up in accordance with the provisions of the Center's (ADCCAC) Procedural Regulations".
 
NOTE (3)
Please, kindly note that the number of conciliators or arbitrators remains up to your discretion without prejudice to what has been provided in NOTES (1 & 2) hereinbefore.