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Gold/Mining/Energy : PAW - Pacific Wildcat Resources Corp

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longz
From: Rocket Red8/31/2018 8:22:22 AM
1 Recommendation   of 3422
 
Decisions and Procedural Rulings of the Tribunal
Convention Article 48(1); Arbitration Rules 16, 19 and 20
5.1. Decisions of the Tribunal shall be taken by a majority of the Members of the
Tribunal.
5.2. ICSID Arbitration Rule 16(2) applies todecisions taken by correspondence except
that where the matter is urgent, the President may decide procedural matters without
consulting the other Members, subject to possible reconsideration of such decision
by the full Tribunal.
5.3. The Tribunal will draft all rulings, including the award, within a reasonable time
period. If a ruling has not been issued within three months after the final submission
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited
v. Republic of Kenya
(ICSID Case No. ARB/15/29)
Procedural Order No. 1
5
on a particular matter, the Tribunal will provide the Parties with status updates
every two months.
5.4. The President is authorized to issue Procedural Orders on behalf of the Tribunal.
5.5. The Tribunal’s rulings on procedural matters may be communicated to the Parties
by the Tribunal Secretary in the form of a letter or email.

http://icsidfiles.worldbank.org/icsid/ICSIDBLOBS/OnlineAwards/C4666/DC7772_En.pdf
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