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Does the failure to resort to the amicable settlement stipulated in the contract before arbitration constitute a ground for the nullity of the arbitral award?

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The failure to resort to the contractually stipulated amicable settlement is not considered a ground for the nullity of the arbitral award if it is proven that one of the parties sought it and the other party did not respond, which justifies proceeding to arbitration proceedings.

The failure to resort to the contractually stipulated amicable settlement is not considered a ground for the nullity of the arbitral award if it is proven that one of the parties sought it and the other party did not respond, which justifies proceeding to arbitration proceedings.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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مبدأ قضائي - Article مبدأ

المادة ١٧ / ب من العقد المؤرخ في ٠٣ /٠٢ /١٤٣٩ه

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