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Arbitral award and enforcement

Ali Mohamed, Ashgar Ali and Kasi, Arun (2020) Arbitral award and enforcement. In: Alternative dispute resolution: law & practice. CLJ Publication, Ampang, Selangor, pp. 639-654. ISBN 978-967-457-144-3

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Abstract

Upon hearing the dispute, the arbitrator will make a decision known as an ‘award’. The term ‘award’ means an instrument embodying an arbitrational decision on a matter referred to him. It is the final judgment or decision in writing by an arbitrator or arbitrators and as between the parties and their privies.1 The Arbitration Act 2005 (‘Act’) defines ‘award’ as, ‘a decision of the arbitral tribunal on the substance of the dispute and includes any final, interim or partial award and any award on costs or interest but does not include interlocutory orders’.2 Where an award directs a sum to be paid, that sum shall, unless the award otherwise directs, carry interest as from the date of the award and at the same rate as a judgment debt.3 In any arbitral proceedings with more than one arbitrator, any decision of the arbitral tribunal shall be made by a majority of all its members.4 The award shall be made in writing and shall be signed by the arbitrator. In arbitral proceedings with more than one arbitrator, the signatures of the majority of all members of the arbitral tribunal shall be sufficient, provided that the reason for any omitted signature is stated.

Item Type: Book Chapter
Additional Information: 2924/78653
Uncontrolled Keywords: Arbitral award, Arbitration
Subjects: K Law > K Law (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Ahmad Ibrahim Kulliyyah of Laws
Ahmad Ibrahim Kulliyyah of Laws > Department of Civil Law
Depositing User: Dr Ashgar Ali Ali Mohamed
Date Deposited: 24 Mar 2020 08:12
Last Modified: 24 Mar 2020 08:12
URI: http://irep.iium.edu.my/id/eprint/78653

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