What is the Arbitration Tribunal?

The arbitral tribunal is the body responsible for hearing and deciding arbitration cases. It consists of one or more arbitrators, depending on the agreement between the parties and the rules of the arbitration institution.

Key Aspects of the Arbitration Tribunal

Key aspects of the arbitration tribunal include:

• Composition – A tribunal can be a sole arbitrator or a panel of three arbitrators, typically selected based on expertise and neutrality.
• Authority – The tribunal has the power to determine procedural matters, hear evidence, and issue binding awards.
• Neutrality – In international disputes, arbitrators are often selected to ensure an impartial tribunal, reducing potential bias from local courts.
• Governance – Tribunals operate under arbitration rules such as the Singapore International Arbitration Centre (SIAC) Rules or UNCITRAL Arbitration Rules or International Chambers of Commerce (ICC) Rules of Arbitration.

The tribunal plays a critical role in ensuring arbitration remains a fair, impartial, and efficient method for resolving disputes.