09 Sep 2010 |
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Arbitration Services | |||||||
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Appointing of Arbitrator Appointing of Arbitrators Arbitrator is an individual person that appointed by disputing parties according to his/her competency and integrity in order to examine and make a decision to the dispute. The disputing parties have a right to appoint an Arbitrator, and at the other side, Arbitrator has a right to accept or reject to the said appointment. In the process of BAPMI's Arbitration, at the first time the parties shall reach a consensus about the number of Arbitrator, whether it is in a form of a Sole Arbitrator or panel. The processes of appointment of Arbitrators are as follows: 1. Sole Arbitrator: 2. Arbitral Tribunal: Requirements of Arbitrator Commonly the persons that eligibly appointed as Arbitrators by the parties are the persons enlisted in the List of BAPMI's Arbitrators. The parties may appoint a person outside the list subject to BAPMI's requirements and the approval of BAPMI's Management. In the performance of his/her duty, Arbitrator must at all times ensure that he/she is impartial, independent, fair, complies to the code and free of any conflict of interest and affiliation relationship with one of the parties involved in the dispute or with the dispute itself. An Arbitrator must resign or terminated if he/she has an affiliation or conflict of interest. |
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