Information for Claimants
Commencement of arbitral proceedings
How a party bound by an agreement naming the Institute may commence proceedings.
Art. 1
The arbitration agreement
The Institute’s jurisdiction rests on a written agreement to arbitrate.
An arbitration clause in the principal contract naming the Institute.
A submission agreement by which the parties refer it to the Institute.
Section 7
Art. 2
Notice invoking arbitration
The Institute serves the notice at the respondent’s addresses on record.
Proof of delivery is placed on the case file.
The date of receipt is recorded as the commencement of the proceedings.
Section 21 Section 43
Art. 3
Documents to be lodged
Five items open a reference.
- The agreement containing the arbitration clause.
- A statement of the facts, the points at issue and the relief sought.
- The documents relied upon.
- The authority of the person signing for the claimant.
- The registration fee under the Schedule of Fees.
Art. 4
Constitution of the tribunal
A sole arbitrator is appointed from the Panel, unless the parties agree otherwise.
No appointment is made until the arbitrator gives a written disclosure of independence.
The disclosure is served on both parties.
Section 11 Section 12
Art. 5
Interim measures
If the subject matter is at risk, protection need not wait for the award.
To the tribunal, once constituted, for interim measures of protection.
Such orders are enforceable as if they were orders of a court.
Section 17
Art. 6
Award and enforcement
A reasoned award within the period under Section 29A.
A signed copy served on each party.
Three months for any application to set aside, under Section 34.
Thereafter, enforceable as a decree under Section 36.
Art. 7
Banks and non-banking financial companies
Form
Request for arbitration
The Registry will examine the arbitration agreement and limitation, and then call for the documents in Article 3.