Bagadiya Brothers Singapore Pte Ltd v Ghanashyam Misra and Sons Pte Ltd 2022 SGHC 246 - Grounds of Decision - 30 September 2022
Country
Year
2022
Summary
Arbitration - Award - Recourse against award - Remission - Whether remission appropriate.
The power to remit an arbitral award under Art 34(4) of the UNCITRAL Model Law on International Commercial Arbitration (the "Model Law") enables a court, when faced with the fact that there has been some defect in the arbitral process which could result in the award being set aside, to take a course that might forestall such a drastic consequence ... I found that the present case was one such instance where the exercise of that power was appropriate.