VII. RIGHT OF LIEN AND DETENTION 39. The company shall have a general lien on all goods and documents relating to goods in its possession, custody or control for all sum due at any time from the customer or owner, and shall be entitled to sell or dispose of such goods or documents as agent for all and at the expenses of the customer and apply the proceeds in or towards the payment of such sum on 45 days of notice in writing to the customer, upon according to the customer for any balance remaining after payment of any sum due to the company and the cost of sale or disposal the company shall be discharged of any liability in respect of the goods or documents. 40. When the goods are labeled to perish or deteriorate, the company’s right to sell or dispose of the goods shall arise immediately upon any sum becoming due to the company subject only to the company taking reasonable steps to bring to the customer’s attention its intention of selling or disposing of the goods before so doing. 41. The company shall be entitled to retained and repaid all brokerages commissions allowances and other remunerations customarily retained by of paid to Freight Forwarders. VIII.CLAIM AND ARBITRATION 42. Claims against the company shall time barred within 6 months except where and when the company acts as sea or inland waterway carrier and in his own name issued a Bill of Lading of which the time bar will be determined by the provisions therein. The six month period to the consignee named in the contract or, if no deliver was taken place, from the date of conclusion of the contract. 43. In case of dispute, the disputing parties shall in first instance endeavor to settle it by amicable way, however should such effort fail to achieve us objects, the parties thereto agree to submit the case to aboard of arbitrators to be appointed one by each. In case arbitrators by so chosen shall not agree then the decision of the empire arbitrator to be appointed by them shall be final binding upon both parties. IX. JURISDICTION AND LAW 44. TSTC and any act or contract to which they apply shall be governed by the Laws of the Social Republic of Vietnam.
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