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"DISPUTE Resolution:
FAO (OS) 307/2016 &40/2017 Page 3 20.1 If any dispute, controversy or claim between the parties arises out of or in connection with this Lease Deed, including the breach, termination or invalidity thereof ("Dispute"), the parties shall Lease (sic.) all reasonable endeavors to negotiate with a view to resolving the Dispute amicably. The complaining party may serve a written notice of such dispute ("Dispute Notice") to the other party and if the parties are unable to resolve the Dispute amicably within 30(thirty) days of service of the Dispute Notice, then the Dispute shall be settled by arbitration under the Indian Arbitration and Conciliation Act, 1996 by three arbitrators, with three arbitrators (sic.) with one arbitrator each being appointed by the Parties individually, and such two arbitrators jointly appointing the third arbitrator who shall chair the arbitration proceedings. The parties agree to a fast track arbitration which is to be disposed within 60 (sixty) days from the date of reference. The venue of arbitration shall be New Delhi and the proceedings shall be conducted in the English language. Each party shall bear its own cost of arbitration. The award of the arbitrators shall be substantiated in writing and shall be final and binding.