Correction of an arbitral award | Arbitration Q&A by Hesham Elrafei

 

 Correction of the award 

What s the deadline for a party to ask the tribunal to correct any errors or omissions in its award? 

Once receiving an award, a party has 30 days to request the tribunal to correct in the award any omission or error ( calculation, clerical or typographical error, etc ), after informing the other parties. 

What's the deadline for the tribunal to reply to the request for an award correction?

Once the tribunal receives the party’s request for an award correction, the tribunal has 45 days to make the correction, 

Only If the tribunal considers that the request for correction is justified.

Can the tribunal correct an award on its own initiative “suo moto”?

The tribunal can within 30 days after the communication of the award make such corrections on its own initiative. 

Is the correct part of the award? What should be included in the correction?

The correction shall form part of the award. 

General requirements for awards should apply as follow:

• In writing

• final 

• binding on the parties. 

• Signed by the arbitrators and the reason for an arbitrator's failure to sign if any. 

• Private

• Dated 

• Place of arbitration. “Seat”

• Reasons unless the parties agreed otherwise.

• Communicated to the parties