Document background
The Dispute Resolution Terms are essential for establishing a clear and efficient framework for resolving commercial disputes under Malaysian law. These terms are typically incorporated into commercial contracts or used as a standalone agreement when parties wish to establish comprehensive dispute resolution procedures. The document addresses various dispute resolution mechanisms, from informal negotiations to formal arbitration, ensuring compliance with Malaysian legislation including the Arbitration Act 2005 and Mediation Act 2012. It is particularly valuable for international business relationships involving Malaysian entities or Malaysian law, providing certainty and structure in dispute handling while maintaining flexibility to accommodate different commercial contexts and dispute types.
