Year: 2024
Type: conference-paper
Abstract: The commercial arbitration system is considered one of main, essential, and important ways for resolving commercial and investment disputes.Consequently, the commercial arbitration centers should be directed under institutional arbitration to provide the maximum levels of comfort, safety and reassurance to the parties to the dispute when they resort to this or that center represents an important and essential advantage in order to achieve speed, fairness and confidentiality in the field of resolving various commercial disputes through commercial arbitration.aims at organizing and managing the arbitration process between the conflicting parties and the arbitral tribunals, and to solve the problems that may Obstruct the achievement of justice by granting the Council many diverse and different powers for this purpose, for instance in appointing and dismissing arbitrators, consolidating arbitration cases, and reviewing commercial arbitration provisions and others.Accordingly, the existence of this specialized body in the arbitration centers will save effort and time and it is compatible with the nature of commercial and investment disputes and it is characterized by speed and confidentiality for the purpose of promoting institutional governance in commercial arbitration centers as well.Therefore, it is necessary to clarify the role of this council and introduce it, its members, its most important powers, and also the arbitration centers that took and adopted it in their various rules, and whether it may actually achieve its goals set for them and eliminate any obstacles that may face the procedures for resolving disputes through commercial arbitration.
DOI: 10.23918/ilic8.28
Language: Arabic
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4393133296