With reference to settlement of disputes through commercial arbitration, summarize the form and content of an arbitral award
Form and content of an arbitral award
- It must be in writing.
- It must be certain in meaning.
- It must be directed to all matters that have been the subject of the dispute.
- It must be final and the arbitrator should not reserve his judicial authority for some other time.
- It must be dated and signed by all arbitrators at the same time in the presence of each other.