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ENFORCEMENT OF ARBITRATION AWARDS

Last updated on November 13th, 2020 at 03:44 pm

Khairallah Advocates & Legal Consultants successfully enforced numerous arbitration awards through courts in the UAE.

Application for the enforcement of an arbitration award can now be brought directly before the UAE Court of Appeal.

The Chief Justice of the Court or whoever he delegates from among its judges shall order the arbitral award confirmed and enforced within sixty days of submission of the request for its confirmation and enforcement, unless it finds one or more of the grounds for setting aside the award under section 1 of Article 53 of Arbitration Law.

Law set a 30-day time limit for a party to challenge the validity of a final award before the relevant UAE Court of Appeal. A challenge to the validity of the final award may also be made in defense to an enforcement application filed by an award creditor outside the 30-day time-limit.

An action to set aside an arbitral award does not stay its enforcement. Nevertheless, the Court seized of the action to set aside the award may
order a stay of enforcement if so requested by a Party showing good cause.

The Court shall decide the request for a stay of enforcement within fifteen days after the date of the first scheduled hearing.

If a stay is ordered, it may require the party seeking the stay to provide a given security or monetary guarantee. The Court then has sixty days from the date of the stay order to decide the action to set aside.

Contact us to know more.

Khairallah Advocates

Khairallah Advocates & Legal Consultants, a law firm based in Dubai, is one of the leading Law firms in UAE. We have some of the best lawyers in Dubai and provide excellent legal assistance in various areas. Please check out our law practice areas page for more details. Should you require any legal assistance, feel free to contact us.

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