Article 53. Request for annulment of the arbitral award The Law on Arbitration
1. A petition for the annulment of an arbitration award shall be filed with the court in accordance with the civil procedure legislation of the Republic of Kazakhstan.
2. An application for annulment of an arbitral award may not be filed after one month from the date of receipt by the party making the application of the arbitral award, or, if an application has been filed in accordance with article 51 of this Law, from the date of the arbitral award on the application.
3. The court may, at the request of one of the parties, suspend for a specified period the proceedings on the request for the annulment of the arbitral award in order to resume the arbitration proceedings or take other measures to eliminate the grounds for the annulment of the arbitral award.
If the arbitrators make a new decision, the party has the right, within the time limit set by the court, without submitting a statement of claim, to request the annulment of the decision in relation to the resumed arbitration proceedings or changes in the original decision.
4. The court issues a ruling on the issue of annulment of the arbitral award. This ruling may be appealed or protested in accordance with the civil procedure legislation of the Republic of Kazakhstan.
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
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