The said Arbitrator shall allow the parties to file their respective claims and contentions and to file documents relied upon by them within such reasonable time as the Arbitrator may direct.
The said Arbitrator shall give hearing to the parties either personally or through their respective Advocates but the Arbitrator will not be bound to take any oral evidence including cross examination of any party or person.
The said Arbitrator shall make his Award within a period of four months from the date of service of a copy of this agreement on him by any of the parties hereto provided that, the Arbitrator will have power to extend the said period from time to time with the consent of both the parties.
The Arbitrator will not make any interim award.
The Arbitrator will have full power to award or not to award payment of such costs of and incidental to this arbitration by one party to the other as he may think fit.
Subject to the provisions of the Arbitration & Conciliation Act 1996 the award will he binding on the parties hereto.
The Arbitration shall subject to what is herein provided be governed by the provisions of the Arbitration Act.
In Witness Whereof the parties have put their respective hands the day and year first hereinabove written.
SIGNED by the within named
Mr. ZA ... in the presence of
Signed by the within named
Mr. KB... in the presence of