Section 31 of ACA : Section 31: Form And Contents Of Arbitral Award

Explanation using Example

Imagine a scenario where two companies, TechCorp and BuildCon, have a dispute over the construction of a new data center. TechCorp claims that BuildCon has not met the agreed-upon specifications, while BuildCon argues that they have complied with all the requirements. They decide to settle the dispute through arbitration rather than going to court.

After several rounds of hearings, the arbitral tribunal, consisting of three arbitrators, reaches a decision. The tribunal writes an arbitral award, which is signed by two of the three arbitrators. The third arbitrator disagrees with the decision and thus does not sign the award. The reason for the omitted signature is clearly stated in the document, fulfilling the requirement of sub-section (2).

The award details the reasons for the decision, as neither TechCorp nor BuildCon has req...

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