Provisions
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(1) Unless otherwise agreed by the parties, the arbitral tribunal may— (a) appoint one or more experts to report to it on specific issues to be determined by the arbitral tribunal; and (b) require a party to give the expert any relevant information or to produce or provide access to, any relevant do…
The arbitral tribunal, or a party with the approval of the arbitral tribunal, may request from the High Court assistance in taking evidence, and the High Court may execute the request within its competence and according to its rules on taking evidence.
(1) The arbitral tribunal shall decide the dispute in accordance with the rules oflaw chosen by the parties as applicable to the substance of the dispute. (2) The choice of the law or legal system of any designated state shall beconstrued, unless otherwise agreed by the parties, as directly referrin…
(1) Unless otherwise agreed by the parties, in arbitral proceedings with more than one arbitrator, any decision of the arbitral tribunal shall be made by a majority of all its members. (2) Notwithstanding subsection (1), if authorized by the parties or all the members of the arbitral tribunal, quest…
(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 a…
(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 for…
Except as otherwise agreed by the parties, an arbitral award is final and binding upon the parties to it, and no recourse is available against the award otherwise than in the manner provided by this Act.
(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 i…
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…
(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 o…
(1) Within 30 days after receipt of the arbitral award, unless a different period of time has been agreed upon by the parties— (a) a party may, upon notice in writing to the other party, request the arbitral tribunal to correct in the arbitral award any computation errors, any clerical or typographi…
(1) Recourse to the High Court against an arbitral award may be made only by an application for setting aside the award under subsections (2) and (3). (2) An arbitral award may be set aside by the High Court only if— (a) the party making the application furnishes proof— (i) that a party to the arbit…
(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 Yo…
(1) The recognition or enforcement of an arbitral award, irrespective of the state in which it was made, may be refused only— (a) at the request of the party against whom it is invoked, if that party furnishes to the High Court proof that— (i) a party to the arbitration agreement was under some inca…
(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…
(1) Where in the case of a domestic arbitration, the parties have agreed that— (a) an application by any party may be made to a court to determine any question of law arising in the course of the arbitration; or (b) an appeal by any party may be made to a court on any question of law arising out of…
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 contravention…
This Act shall bind the Government.
(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 the…
This Act may be cited as the Limited Liability Partnership Act.
In this Act, unless the context otherwise requires— "accounting records" include— (a) invoices, receipts, orders for the payment of money, bills of exchange, cheques, promissory notes, vouchers and other documents of prime entry; and (b) documents and records that record such entries; and (c) such w…
(1) There shall be a Registrar of Limited Liability Partnerships. (2) The Registrar of Companies is the Registrar of Limited LiabilityPartnerships. (3) There shall be a Deputy Registrar of Limited Liability Partnerships andAssistant Registrars of Limited Liability Partnerships. (4) The Registrar may…
The Registrar may refuse to register an entity (including an existing partnership or a private company) as a limited liability partnership if the Registrar is not satisfied with the information purporting to be provided under this Act in respect of the entity.
(1) The Registrar may require any document to be lodged under this Act to belodged electronically. (2) If a document is required to be lodged with the Registrar electronically, the Registrar may allow the document to be lodged by an agent of the person who is required to lodge it, subject to such co…
(1) A limited liability partnership is an entity formed by being registered underthis Act. (2) On being registered under this Act, a limited liability partnership becomesa body corporate with perpetual succession with a legal personality separate from that of its partners. (3) A change in the partne…
(1) A limited liability partnership is, in its name, capable of— (a) suing and being sued; (b) acquiring, owning, holding and developing or disposing of movable and immovable property; and (c) doing such other acts and things as a body corporate may lawfully do. (2) A limited liability partnership i…
The Partnerships Act shall apply to a limited liability partnership except so far as a provision of this Act otherwise expressly provides.
(1) A natural person or a body corporate may be a partner in a limited liabilitypartnership. (2) A trade union is not a body corporate for the purposes of subsection (1).
(1) A limited liability partnership shall be solely obligated to an issue arisingfrom contract, tort or otherwise. (2) A person is not personally liable, directly or indirectly, for an obligationreferred to in subsection (1) only because the person is a partner of the limited liability partnership.…
(1) A partner of a limited liability partnership is the agent of the limited liability partnership. (2) Notwithstanding subsection (1), a limited liability partnership is not bound by anything done by a partner in dealing with a person if— (a) the partner has in fact no authority to act for the limi…