FAI Arb FAI Arbitration Rules 2024
FAI Arb
FAI Arbitration Rules 2024
33.1 The arbitral tribunal shall have the power to rule on its own jurisdiction, including any objections concerning the existence, validity or applicability of the arbitration agreement.
33.2 As a rule, a plea that the arbitral tribunal lacks jurisdiction shall be raised no later than in the Statement of Defence or, with respect to a counterclaim or set-off claim, in the reply to the counterclaim or set-off claim. The arbitral tribunal may admit a later jurisdictional plea only in exceptional circumstances, if it considers the delay in making the plea justified.
Import: