The Arbitral Tribunal definition

The Arbitral Tribunal shall fully consider the Arbitral Matter, including the issues and evidence presented and the relief requested. Subject to any limitations imposed under this Agreement in respect of the particular Arbitral Matter, the Arbitral Tribunal shall determine the appropriate relief and award to be made. All final arbitral awards shall state the relief or remedies being granted, the claim or claims being decided, and the basis or bases for the decisions being made. The arbitral award may be enforced in any court of competent jurisdiction and the Parties shall be bound thereby and shall comply therewith.

Examples of The Arbitral Tribunal in a sentence

  • The Arbitral Tribunal shall reach its decision by a majority of votes.

  • The Arbitral Tribunal shall be constituted for each individual case in the following way.

  • The Arbitral Tribunal shall convene at such time and place as shall be fixed by the Chairman of the Tribunal.

  • The Arbitral Tribunal shall consist of a sole Arbitrator to be appointed in accordance with the Arbitration and Conciliation Act, 1996 as amended from time to time.

  • The Arbitral Tribunal may make a different regulation concerning the costs.

  • The Arbitral Tribunal shall decide all questions relating to its competence.

  • The Arbitral Tribunal may, however, decide that a higher proportion of the costs shall be borne by one of the parties.

  • The Arbitral Tribunal shall decide its award by majority of votes.

  • The Arbitral Tribunal shall reach its award by majority vote taking into account the provisions of this Agreement, any agreement between the parties to the dispute and the relevant domestic law of the Contracting Party which has admitted the investment.

  • The Arbitral Tribunal may, however, in its decision direct that a higher proportion of costs shall be borne by one of the two Contracting Parties, and this award shall be binding on both Contracting Parties.