According to The Arbitration Law, a request forarbitration or a counterclaim may be withdrawn or deemed withdrawn. In practiceor according to arbitration rules, the arbitral tribunal or the chairman of thearbitration commission may decide that the claimant or the respondent, as thecase may be, whose request for arbitrat…
According to The Arbitration Law, a request forarbitration or a counterclaim may be withdrawn or deemed withdrawn. In practiceor according to arbitration rules, the arbitral tribunal or the chairman of thearbitration commission may decide that the claimant or the respondent, as thecase may be, whose request for arbitrat…
Time Period for Rendering an Award in International Arbitration An arbitraltribunal shall render an arbitration award the time period specified in theapplicable arbitration rules. In the case of international arbitration, thetime period for rendering an award is 6 months from the date of composition orappointment of the…
After the disputing parties have reached an arbitration agreement,they have two options: arbitration or lawsuit.Generally, the disputing parties have to refer theirdisputes to arbitration according to the arbitration agreement unlessthe arbitration agreement is held invalid for any of the followingreasons:(1) the issues…
After arequest for arbitration is accepted by the arbitration commission agreed uponby the disputing parties, the arbitration commission will establish an arbitraltribunal to hear the case and render an arbitration award. Arbitral tribunal isa temporary panel composed of a sole arbitrator or three arbitratorsestablished…
After an arbitral tribunal has beenestablished, the arbitration commission or secretariat will notify the partiesin writing of the composition of the arbitral tribunal in accordance with theapplicable arbitration rules.Each of the arbitrators selected bythe disputing parties or appointed by the chairman of the arbitrati…
Arbitratorsmay be professional arbitrators, registered lawyers, retired judges, or otherexperts. They must be impartial and upright and shall satisfy thequalifications set forth under TheArbitration Law. For the details about the qualifications of arbitrators,see Attachment 2, Article 13. Aninternational arbitration com…
Corrections andAdditions of anAward in International Arbitration If thearbitral tribunal finds any clerical, typographical, or computational errors orissues that have been decided by the arbitral tribunal but omitted in theaward, it shall make corrections and additions in a timely manner. If eitherparty or any other par…
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