Chương IX Luật trọng tài thương mại 2010: Phán quyết trọng tài

Chapter IX

ARBITRAL AWARDS

Article 60. Principles of issuance of awards

1. The arbitration council shall issue an arbitral award on the basis of majority vote.

2. In case a majority vote cannot be obtained, an arbitral award shall be issued based on the opinion of the arbitration council's chairman.

Article 61. Contents, form and validity of an arbitral award

1. An arbitral award must be in writing and contain the following principal details:

a/ Date and place of issuance;

b/ Names and addresses of the plaintiff and defendant;

c/ Name and address of the arbitrator;

d/ Summary of the circumstances of the petition and matters under dispute;

e/ Grounds for issuing the award, unless the parties agree that it is unnecessary to indicate these grounds;

f/ Results of the dispute settlement;

g/ Time limit for enforcement of the award;

h/ Allocation of arbitration and other relevant expenses;

i/ The arbitrator's signature.

2. When the arbitrator fails to sign the arbitral award, the arbitration council's chairman shall indicate such failure in the arbitral award and clearly state the reason. In this case, the arbitral award remains effective.

3. An arbitral award shall be issued right at a meeting or within 30 days after the end of the last meeting.

4. An arbitral award shall be sent to the parties immediately after the date of its issuance. The parties may request the arbitration center or ad hoc arbitration council to issue copies of the arbitral award.

5. An arbitral award is final and takes effect on the date of its signing.

Article 62. Registration of ad hoc arbitration's awards

1. At the request of one disputing party or all disputing parties, an award of ad hoc arbitration shall be registered at the court in the place in which the arbitration council issued the award before requesting a competent civil judgment enforcement agency to organize enforcement of such award. Registration or non-registration of an arbitral award does not affect the contents and legal validity of the award.

2. Within 1 year after an arbitral award is issued, the party requesting registration of an award of ad hoc arbitration shall file an application for such registration to the competent court defined in Clause 1 of this Article, enclosed with originals or true copies of the following documents:

a/ Arbitral award issued by the ad hoc arbitration council:

b/ Minutes of the ad hoc arbitration council's dispute settlement meeting, if any;

c/ Original or certified copy of the arbitration agreement.

The requester shall take responsibility for the truthfulness of the documents sent to the court.

3. Within 5 working days after receiving an application for award registration, the court president shall assign a judge to consider such application. Within 10 days after being assigned, such judge shall examine the truthfulness of the documents enclosed with the application and make registration. If identifying that the arbitral award is untrue, the judge shall refuse to make registration, return the application and enclosed documents and immediately notify such to the requester clearly slating the reason. Within 3 working days after receiving the court's notice, the requester may lodge a complaint with the court president about the refusal to make registration. Within 3 working days after receiving the complaint, the court president shall consider and issue a decision settling the complaint. The court president's dispute settlement decision is final.

4. Contents of registration of an arbitral award:

a/ Time and place of registration;

b/ Name of the court making registration;

c/ Name and address of the requester for registration;

d/ The registered award; e/ Signature of the competent person and seal of the court.

Article 63. Correction and explanation of awards; additional awards

1. Within 30 days after receiving an award, unless otherwise agreed by the parties, a party may request the arbitration council to correct obvious spelling errors or erroneous or incorrectly calculated data in the award but shall immediately notify the other party thereof. If the arbitration council considers this request reasonable, it shall correct the errors within 30 days after receiving the request.

2. Within 30 days after receiving an award, unless otherwise agreed by the parties, a party may request the arbitration council to explain details of the award but shall immediately notify the other party thereof. If the arbitration council considers this request reasonable, it shall give an explanation within 30 days after receiving the request. Such explanation constitutes part of the award.

3. Within 30 days after issuing an award, the arbitration council may on its own initiative correct errors specified in Clause 1 of this Article and shall immediately notify such to the parties.

4. Unless otherwise agreed by the parties, within 30 days after receiving an award, a party may request the arbitration council to issue an additional award for the requirements presented in the course of proceedings but not recorded in the award and shall immediately notify such to the other party. If the arbitration council considers such request reasonable, it shall issue an additional award within 45 days after receiving the request.

5. When necessary, the arbitration council may extend the time limits for correction or explanation of awards or issuance of additional awards specified in Clauses I. 2 and 4 of this Article.

Article 64. Preservation of dossiers

1. An arbitration center shall preserve dossiers of disputes it has accepted. Dossiers of disputes settled by ad hoc arbitration shall be preserved by the parties or arbitrators.

2. Arbitration dossiers shall be preserved for 5 years after the issuance of the arbitral award or decision terminating the dispute settlement by arbitration.