Section 31 of Arbitration Act CAP 49: Settlement
(1) If, during arbitral proceedings, the parties settle the dispute, the arbitral tribunal shall terminate the proceedings and, if requested by the parties and not objected to by the arbitral tribunal, record the settlement in the form of an arbitral award on agreed terms.
(2) An arbitral award on...
Section 32 of Arbitration Act CAP 49: Form and contents of arbitral award
(1) An arbitral award shall be made in writing and shall be signed by the arbitrator or the arbitrators.
(2) For the purposes of subsection (1), in arbitral proceedings with more than one arbitrator, the signatures of the majority of all the arbitrators shall be sufficient so long as the reasons...
Section 32B of Arbitration Act CAP 49: Costs and expenses
(1) Unless otherwise agreed by the parties, the costs and expenses of an arbitration, being the legal and other expenses of the parties, the fees and expenses of the arbitral tribunal and any other expenses related to the arbitration, shall be as determined and apportioned by the arbitral tribunal...
Section 32C of Arbitration Act CAP 49: Interest
Unless otherwise agreed by the parties, to the extent that the rules of law applicable to the substance of the dispute permit, an arbitral award may include provision for the payment of simple or compound interest calculated from such date, at such rate and with such rests as may be specified in the...
Section 33 of Arbitration Act CAP 49: Termination of arbitral proceedings
(1) The arbitral proceedings shall be terminated by the final arbitral award orby an order of the arbitral tribunal under subsection (2).
(2) The arbitral tribunal shall issue an order for the termination of the arbitralproceedings where—
(a) the claimant withdraws his claim, unless the respondent...
Section 36 of Arbitration Act CAP 49: Recognition and enforcement of awards
(1) A domestic arbitral award, shall be recognized as binding and, upon application in writing to the High Court, shall be enforced subject to this section and section 37.
(2) An international arbitration award shall be recognised as binding and enforced in accordance to the provisions of the New...
Section 38 of Arbitration Act CAP 49: Bankruptcy
(1) Where it is provided by a term in a contract to which a bankrupt is a party that any differences arising out of or in connection with the contract shall be referred to arbitration, then if the trustee in bankruptcy adopts the contract, that term is enforceable by or against him so far as relates...
Section 40 of Arbitration Act CAP 49: Rules
The Chief Justice may make rules of Court for—
(a) the recognition and enforcement of arbitral awards and all proceedings consequent thereon or incidental thereto;
(b) the filing of applications for setting aside arbitral awards;
(c) the staying of any suit or proceedings instituted in...
Section 42 of Arbitration Act CAP 49: Repeal of Cap. 49 and saving
(1) The Arbitration Act (Cap. 49) is repealed.
(2) The repeal of the Arbitration Act (Cap. 49) shall not affect any arbitral proceedings commenced before the coming into operation of this Act.
(3) For the purposes of this subsection, any arbitral proceedings shall be deemed to have commenced on...