arbitral award in English

arbitration award, decision reached by means of an arbitration process

Use "arbitral award" in a sentence

1. If a party to Arbitral award, with notice to other parties, within the 30 days from the receipt of the Arbitral award makes an application for an additional award which was omitted in the Arbitral award and if the Tribunal considers the request to be justified, make an additional award within 60 days or extended time duration.

2. An Arbitral award is an arbitration tribunal’s decision on the merits of an arbitration tribunal and is equivalent to a court judgment

3. [12] · The settlement agreement drawn up in Conciliation proceedings has the same status and effect as if it is an arbitral award

4. The Arbitral tribunal shall decide on a plea referred to above and, where the Arbitral tribunal takes a decision rejecting the plea, it shall continue with the Arbitral proceedings and make an Arbitral award.

5. The difference with arbitration: Arbitration is the process where a third party adjudges the dispute and creates an arbitral award that is binding on both parties.Conciliation, on the other hand, is a non-binding process where the conciliator is an advisor …

6. The requirements or mould of an Arbitral award is – regardless, an honor should: i) be recorded as a hard copy; ii) contain purposes behind the choice, except if the gatherings have concurred in any case or on the off chance that it is an assent grant;

7. Ever since the enactment of the Arbitration and Conciliation Act, 1996 (the “Arbitration Act”), Arbitral awards have been statutorily granted the same status as a decree of a civil court by way of a deeming fiction under Section 36 of the Arbitration Act.Up until the amendment of the Arbitration Act in 2015, the filing of an application challenging an Arbitral award had the