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  • Section 63 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 63 Arbitration and Mediation Act Section 63 Arbitration and Mediation Act 2023 is about Waiver of right to object. It is under Part I (Arbitration) of the Act. A party who knows that a provision of this Act from which the parties may derogate or a requirement under the arbitration agreement has not been…

  • Section 62 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 62 Arbitration and Mediation Act Section 62 Arbitration and Mediation Act 2023 is about Disclosure of Third-Party Funding. It is under Part I (Arbitration) of the Act. (1) Where a Third-Party Funding agreement is made, the party benefitting from it shall give written notice to the other party or parties, the arbitral tribunal and,…

  • Section 61 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 61 Arbitration and Mediation Act Section 61 Arbitration and Mediation Act 2023 is about Abolition of torts of maintenance and champerty. It is under Part I (Arbitration) of the Act. The torts of maintenance and champerty, including being a common barrator, do not apply in relation to Third-Party Funding of arbitration and this section…

  • Section 60 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 60 Arbitration and Mediation Act Section 60 Arbitration and Mediation Act 2023 is about Application of the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. It is under Part I (Arbitration) of the Act. Without prejudice to sections 57 and 58 of this Act, where the recognition and enforcement of…

  • Section 59 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 59 Arbitration and Mediation Act Section 59 Arbitration and Mediation Act 2023 is about Appointment in default. It is under Part I (Arbitration) of the Act. Where under an agreement for an international arbitration no –(a) procedure is agreed for the appointment of an arbitrator, and(b) appointing authority is designated or agreed to be…

  • Section 58 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 58 Arbitration and Mediation Act Section 58 Arbitration and Mediation Act 2023 is about Refusal of recognition or enforcement of awards. It is under Part I (Arbitration) of the Act. (1) A party to an arbitration agreement may request the Court to refuse recognition or enforcement of the award. (2) Irrespective of the country…

  • Section 57 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 57 Arbitration and Mediation Act Section 57 Arbitration and Mediation Act 2023 is about Recognition and enforcement of awards. It is under Part I (Arbitration) of the Act. (1) An arbitral award shall, irrespective of the country or state in which it is made, be recognised as binding, and on application in writing to…

  • Section 56 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 56 Arbitration and Mediation Act Section 56 Arbitration and Mediation Act 2023 is about Award Review Tribunal. It is under Part I (Arbitration) of the Act. (1) Notwithstanding section 55(1) of this Act, the parties may provide in their arbitration agreement that an application to review an arbitral award on any of the grounds…

  • Section 55 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 55 Arbitration and Mediation Act Section 55 Arbitration and Mediation Act 2023 is about Application for setting aside an arbitral award. It is under Part I (Arbitration) of the Act. (1) Recourse to a court against an arbitral award may be made only by an application for setting aside in accordance with subsections (3)…

  • Section 54 Nigerian Arbitration and Mediation Act 2023

    September 6, 2024
    Nigeria

    Section 54 Arbitration and Mediation Act Section 54 Arbitration and Mediation Act 2023 is about Lien on the award. It is under Part I (Arbitration) of the Act. (1) The arbitral tribunal or arbitration institution may refuse to deliver an award to the parties except on full payment of the fees and expenses of the…

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