5.2. Enforcement, Appeal, Revision

Try these first

1. 1.

   What is an arbitral award?

   Hint

   Think about what a court does.

2. 2.

   Is the enforcement of an arbitral award similar to a court judgment?

   Hint

   Think about the similarities in both systems.

3. 3.

   Which of the following statements about arbitral awards is true?

   • A. They are non-binding.
   • B. They can be appealed without limitations.
   • C. They are binding and enforceable like court judgments.
   • D. They can only be enforced in the jurisdiction where they were made.

   Hint

   Think about how court judgments are treated.

4. 4.

   True or False: An arbitration award can be appealed on any ground.

   • True
   • False

   Hint

   Consider the restrictions in legal appeals.

5. 5.

   A company's dispute over contract terms leads to arbitration. The tribunal rules against the company. The company argues the award violated natural justice. Discuss the process of appealing the award and the potential outcomes.

   Hint

   Remember the limited nature of grounds for appeal.

6. 6.

   Compare the enforceability of arbitral awards under the Arbitration Act of 1996 and traditional court judgments. Discuss the implications for international enforcement.

   Hint

   Consider international trade and dispute resolution efficiency.