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07 Mar 2021 |
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Arbitration |
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Appointment of Arbitrator Arbitrator is an individual who, because of his/her competency and integrity, is chosen by BAPMI's Management to examine and pass an award on relevant dispute. The parties are entitled to appoint Arbitrators, and the Arbitrators have the right to accept or reject the appointment. In BAPMI's Arbitration process, the parties must agree first the form of Arbitration, whether it is with Sole Arbitrator or in Arbitral Tribunal (totaling 3 Arbitrators or more, and must be odd number). Appointment of Arbitrators is done in the following way: Sole Arbitrator: Arbitral Tribunal: Arbitrator Requirements: In carrying out his/her duties, an Arbitrator must uphold the code of conduct, be fair, neutral and independent, free from any influence and pressure of any party, and free from conflicts of interest and affiliation, either with any of the disputing parties (including the legal counsel) or with the relevant dispute. When these things are violated, the Arbitrator shall cease or be dismissed from his job. |
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