What happens if the Articles of Association or the Charter do not have a provision for the formation of the Board or if the Board fails to resolve a dispute within three months?
If the Articles of Association or the Charter do not include a provision regarding the formation of the Board in accordance with Paragraph (1) of this Article, or if the Board has not succeeded in its conciliation endeavors within a maximum period of three months from the date the dispute was presented to it, then certain actions may be taken unless an extension is agreed upon or the parties decide not to refer their differences to the board.