Arbitral Award for Payment for Goods Supplied (India)
This document is a template for an arbitral award concerning the payment of supplied goods. It provides a formal structure for an arbitrator to record their decision regarding outstanding debts for goods sold and delivered, including adjustments for any breaches of warranty.
Arbitral award of payment for goods supplied
I AWARD and adjudge that the said [one party] was and is indebted to the said [other party] in respect of goods namely [short description of such goods] sold and delivered in the sum of Rs. __________ and that the said [one party] do pay the said sum of Rs. ___________ to the said [other party] at ________ on the _________ dayof _________ next [between the hours of ________ and ____________ of the clock in the [forenoon]].
I AWARD and adjudge that the said [one party] was and is entitled to recover from the said [other party] Rs. ______________ as the price of goods namely [short description of such goods] sold and delivered less the sum of Rs.____________ which I award and adjudge as due for breach of warranty in respect of the said goods and I direct that the said [other party] do pay the difference viz. Rs.__________ to the said [one party] at ___________ on the ___________ day of _________________ next [between the hours of _________ and _________________ of the clock in the [forenoon]].
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