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Toggle the table of contents. ... An arbitral tribunal or arbitration tribunal, ... the arbitrator's fees, and (ii) any liability of the arbitrator (such as wasted ...
An arbitration award (or arbitral award) is a final determination on the jurisdiction, merits, costs or other aspect of a dispute by an arbitration tribunal in an arbitration, and is analogous to a judgment in a court of law. [1]
In case the consensus is not reached within this timeframe, and if the parties have previously consented to arbitration, an ad hoc arbitral tribunal can be established, whose decision holds legal weight over the Parties. Additionally, arbitration proceedings can be commenced through mutual agreement among the concerned States parties. [3] [5]
Under section 45 of the Arbitration Act 2001, either party or the arbitral tribunal itself may apply to the court to issue a ruling on "any question of law arising in the course of the proceedings which the Court is satisfied substantially affects the rights of one or more of the parties" and under section 49, either party may appeal an ...
The Permanent Court of Arbitration (PCA) is a non-UN intergovernmental organization headquartered at the Peace Palace, in The Hague, Netherlands.Unlike a judicial court in the traditional sense, the PCA provides administrative support in international arbitrations involving various combinations of States, State entities, international organizations and private parties. [4]
The Court was founded in 1923 under the leadership of the ICC's first president Étienne Clémentel, a former French Minister of Finance. [4]Members of the ICC Court are appointed to three-year terms by the ICC World Council on the recommendation of ICC 'national committees' or groups.
The Paris Arbitral Award is an arbitral award issued on 3 October 1899 by an arbitral tribunal convened in Paris, created two years earlier as established in the Arbitral Treaty of Washington D. C. on 2 February 1897, in which the United States (representing Venezuela) on the one hand and the United Kingdom (as owner of the colony of British Guiana, currently Guyana) on the other, had agreed ...
International arbitration courts and tribunals (1 C, 17 P) Pages in category "Arbitration courts and tribunals" The following 29 pages are in this category, out of 29 total.