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Super Specialized Department Of Commercial Law



Implementation or annulment of the arbitration award

 

Votes issued in any country must be identified first to be implemented in another country. The implementation of judicial decisions of other countries requires the existence of judicial agreements between countries, and the implementation of arbitration awards requires countries to join the New York Convention. Implementation or annulment of arbitration decisions is based on international conventions and domestic laws of the country where the decision is implemented.

 

The most important goal of arbitration clients is to achieve their expectations through the implementation of arbitration decisions. As the implementation of judicial rulings requires spending money and time on the one hand and having sufficient knowledge in this regard on the other hand, the implementation of arbitration decisions also contains complications, its optimal implementation requires expertise and follow-up. Domestic arbitral awards are enforceable like judicial rulings, and there is not much difference, but arbitral awards that are considered to be international law need to be recognized and then implemented. The recognition and implementation of international arbitration awards is based on the regulations of the place of implementation, including domestic laws and international conventions.

Therefore, the arbitration award by itself is not enforceable, therefore, it is referred to the national court for enforcement. The court, while recognizing the arbitration award, also issues an enforcement order. Which arbitration award and in which country can be recognized and enforced is the expertise of Amin Group lawyers. It is the Middle East, so trust us. Iranian and non-Iranian companies can entrust us with the recognition and implementation of international arbitration awards in Iran and elsewhere.

Sometimes the convict claims against the arbitration award that the arbitration process is not based on the law and the arbitration award should not be implemented to his detriment. and they are valid and the appeal authority is not provided for these votes, according to most of the arbitration laws, such votes can only be revoked, and the cases of revocation are limited and limited in the laws. The annulment of the arbitration award, like the violation of judicial rulings, requires judicial proceedings and the realization of the case or cases of annulment of the arbitration award, which is not a simple matter. Our team at Amin Middle East Lawyers Group, having mastered the domestic laws and international regulations of the arbitration field, will do our best to meet the client’s request and cancel the arbitration award.


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