For Setting Aside an Arbitral Award?
(4) the Court, When Asked to Set Aside an Award, May, Where Appropriate and So Requested by a Party, Suspend the Setting Aside Proceedings for a Period of Time...
(4) The court, when asked to set aside an award, may, where appropriate and so requested by a party, suspend the setting aside proceedings for a period of time determined by it in order to give the arbitral tribunal an opportunity to resume the arbitral proceedings or to take such other action as in the arbitral ...
Under what circumstances can an arbitral award be set aside?
The Model Law states that an award may be set aside if the courts of the arbitral seat determine that 'the subject matter of the dispute is not capable of settlement by arbitration under the law [of that state]'.
What are the three reasons a court will set aside an arbitration award?
Arbitration awards may be set aside by a court, for example, where they were procured by fraud or corruption, or where the arbitrator was guilty of misconduct, misbehavior or evident partiality, or exceeded his authority.