Examples of ICSID Arbitration Rules in a sentence
The Parties and the Tribunal agreed at the first procedural meeting that these arbitration proceedings would be conducted in accordance with the ICSID Arbitration Rules in force as at 10 April 2006 (but not any amendments thereto).
On April 26, 2006, the Tribunal decided, in accordance with Rule 41(4) of the ICSID Arbitration Rules, to join the objections on jurisdiction to the merits of the dispute.
On September 24, 2007, the Secretariat of ICSID informed the parties that, after careful consideration of Claimants’ request and Respondent’s answer of September 21, 2007, the Arbitral Tribunal had decided as follows: Pursuant to article 34(2)(a) of the ICSID Arbitration Rules, the Arbitral Tribunal calls upon Respondent to produce as witness at the hearings, Mr. Kulibayev and Mr. Orazbekov.
In the event of any conflict between the ICSID Arbitration Rules and the arbitration provisions of this Agreement, this Agreement shall govern.
With respect to arbitration proceedings held under the ICSID Convention and ICSID Arbitration Rules, the Parties agree that the period of time to which reference is made in Article 38 of the ICSID Convention shall be extended to ninety (90) days after the submission of a request by an Arbitrating Party to the International Chamber of Commerce to appoint a third and presiding arbitrator.
This might be done by making a reference in the ICSID Arbitration Rules.
ICSID, however, also has an Additional Facility that can administer certain arbitrations that would otherwise be excluded from the scope of ICSID jurisdiction, such as arbitrations when only one disputing party is a national of a Contracting State or a Contracting State.These disputes are not governed by the ICSID Convention and the standard ICSID Arbitration Rules, but are governed by a separate set of rules, the ICSID Additional Facility Rules.
The President noted that the Tribunal had been constituted on January 16, 2003 and that it had been properly constituted in accordance with the ICSID Convention and the ICSID Arbitration Rules.
The parties agreed to conduct the proceeding under the ICSID Arbitration Rules of September 26, 1984.
It was also agreed that in the conduct of the proceedings, the Parties and the Tribunal should be guided by the Rules on the Taking of Evidence in International Commercial Arbitration adopted by the International Bar Association on 1 June 1999 (“the IBA Rules”), in addition to the application of the ICSID Convention and the ICSID Arbitration Rules.