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Home / Laws / Article 47. Form and content of the arbitral award The Law on Arbitration

Article 47. Form and content of the arbitral award The Law on Arbitration

АMANAT партиясы және Заң және Құқық адвокаттық кеңсесінің серіктестігі аясында елге тегін заң көмегі көрсетілді

Article 47. Form and content of the arbitral award The Law on Arbitration

     1. The arbitral award shall be set out in writing and signed by the arbitrators (the sole arbitrator).

     If the arbitration was conducted collectively, then in the absence of an arbitrator's signature, the reason for its absence is indicated. The award may not be signed by an arbitrator who has a dissenting opinion, which must be attached to the award in writing.

     2. The arbitration award must specify:

     1) the date of the decision;

     2) the place of arbitration determined in accordance with Article 22 of this Law;

     3) the composition of the arbitration;

     4) substantiation of the arbitration jurisdiction;

     5) the names of the parties to the dispute, surnames and initials, positions of their representatives, indicating the powers;

     6) the plaintiff's claims and the defendant's objections;

     7) the nature of the dispute;

     8) the circumstances of the case established by the arbitration, the evidence on which the conclusions of the arbitration on these circumstances are based, the normative legal acts that guided the arbitration in making the decision;

     9) the conclusions of the arbitration court on the satisfaction or refusal to satisfy each stated claim;

     10) the amount of expenses related to the settlement of the dispute in arbitration, the distribution of these expenses between the parties and, if necessary, the time and procedure for the execution of the decision.

 

The Law of the Republic of Kazakhstan dated April 8, 2016 No. 488-V SAM.

     This Law regulates public relations arising in the course of arbitration activities in the territory of the Republic of Kazakhstan, as well as the procedure and conditions for the recognition and enforcement of arbitral awards in Kazakhstan.

 

President    

Republic of Kazakhstan     

© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan  

 

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