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Arbitral Award, Termination of Proceedings

Arbitral Award, Termination of Proceedings

This is an additional article to the ones I have written before on arbitration. In this article I look

at what is involved in the making of an arbitral award and termination of the arbitration

proceedings in terms of the Arbitration Act (Chapter 7:15), “the Act”. I look at the following:

• Rules applicable to substance of dispute

• Decision making by panel of arbitrators

• Settlement

• Form and content of award

• Termination of proceedings

• Correction and interpretation of award.

Rules applicable to substance of dispute

According to Article 28 of the Arbitration Act the arbitral tribunal shall decide the dispute in

accordance with such rules of law as are chosen by the parties as applicable to the substance of

the dispute. Any designation of the law or legal system of a given State shall be construed,

unless otherwise expressed, as directly referring to the substantive law of that State and not to

its conflict of laws rules. If there is no designation by the parties, the arbitral tribunal shall

apply the law determined by the conflict of laws rules which it considers applicable. The

arbitral tribunal shall decide ex aequo et bono (according to what is equitable and good) or as

amiable compositeur (fair and just rather strictly according to the rule of law) only if the parties

have expressly authorised it to do so. In all cases, the arbitral tribunal shall decide in accordance

with the terms of any contract and shall take into account any usages of any trade applicable to

the transaction.

Decision making by the panel of arbitrators

In terms of Article 29, where there is more than one arbitrator a decision shall be made by

simple majority unless otherwise agreed by the parties to the dispute.

Settlement

At time during arbitral proceedings the parties may settle their dispute. According to Article

30, the arbitral tribunal shall terminate the proceedings. If the parties request and the tribunal

agrees, the settlement be recorded in the form of an award on agreed terms. Such an award has

the same status and effect as any other award made on the merits of the case.

Godknows Hofisi

Legal Practitioner &

Chartered AccountantForm and content of award

This part is very important. It is regulated by Article 31 of the Act. The salient features are that:

• The award shall be made in writing and signed by the arbitrator or arbitrators.

• The award shall state the reasons upon which it is based, unless the parties have agreed

that no reasons are to be given or the award is an award on agreed terms.

• The award shall state its date and the place of arbitration.

• A signed copy of the award shall be delivered to the parties.

• Unless otherwise agreed by the parties, the costs and expenses of an arbitration

including the legal and other expenses of the parties, the fees and expenses of the

arbitral tribunal and other expenses related to the arbitration, shall be as fixed and

allocated by the arbitral tribunal in its award. Where the award does not specify

otherwise, each party shall be responsible for his own legal and other expenses and for

an equal share of the fees and expenses of the arbitral tribunal and any other expenses

related to the arbitration.

• An arbitral award may carry interest until the judgment debt is settled.

Termination of arbitral proceedings

This is covered in Article 32. The arbitral proceedings are terminated by the final award or by

an order of the arbitral tribunal in accordance with paragraph (2) of this article. The arbitral

tribunal shall issue an order for the termination of the arbitral proceedings when:

• The claimant withdraws his claim, unless the respondent objects thereto and the arbitral

tribunal recognizes a legitimate interest on his part in obtaining a final settlement of the

dispute.

• The parties agreed on the termination of the proceedings.

• The arbitral tribunal finds that the continuation of the proceedings has for any other

reason become unnecessary or impossible.

Correction and interpretation of award

Article 33 provides for the correction or interpretation of the arbitral award. Within thirty days

of receipt of the award, unless another period of time has been agreed upon by the parties:

• a party, with notice to the other party, may request the arbitral tribunal to correct in the

award any errors in computation, any clerical or typographical errors or any errors of

similar nature.

• ifso agreed by the parties, a party, with notice to the other party, may request the arbitral

tribunal to give an interpretation of a specific point or part of the award.

If the arbitral tribunal considers the request to be justified, it shall make the correction or give

the interpretation within thirty days of receipt of the request. The interpretation shall form part

of the award.

Conclusion

An understanding of arbitral award and termination of arbitral proceedings is essential in

arbitration.

Disclaimer

This simplified article is for general information purposes only and does not constitute the

writer’s professional advice.

Godknows (GK) Hofisi, LLB(UNISA), B.Acc(UZ), Hons B.Compt (UNISA), CA(Z),

MBA(EBS, Heriot- Watt, UK) is the Managing Partner of Hofisi & Partners Commercial

Attorneys, chartered accountant, insolvency practitioner, registered tax accountant and

2advises on deal and transactions. He has extensive experience from industry and commerce

and is a former World Bank staffer in the Resource Management Unit. He writes in his

personal capacity. He can be contacted on +263 772 246 900 or gohofisi@gmail.com

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