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No Frills Sports Tech LLP., an entity incorporated under Indian Laws and having its registered office at 109, Bank Street, Meerut Cantt - 250001 hereinafter referred to as “NFS”, which expression unless repugnant to the context and meaning thereof, shall be deemed to include its successors and assigns, of the ONE PART;
AND
Institutional Partner, of the OTHER PART;
Hereinafter collectively referred to as “Parties” and individually as a “Party”.
Any dispute or disagreement between the parties that are not mutually settled shall be resolved by reference to arbitration under the provisions of the Indian Arbitration and Conciliation Act, 1996 and such arbitration shall be conducted by a sole arbitrator under the aegis of the Arbitration Centre - Uttar Pradesh (Domestic and International). In the absence of consensus between the parties as to the name of an arbitrator from amongst the empaneled list of arbitrators at the said centre, the appointment may be made by the appropriate appointing authority under the Centre’s Rules.
Subject to the above in the event that either Party wishes to obtain interim orders they shall submit unconditionally to the exclusive jurisdiction of the courts in Bangalore.