Alqanoni

Law of Arbitration

Art. 45
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

If, during the arbitration proceedings, the parties agree on a settlement ending the dispute, they may request that the terms of settlement be recorded before the arbitration tribunal, which shall, in this case, issue an award which includes the terms of the settlement and ends proceedings. Such award shall have the same force and effect as arbitration awards.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

Freshness not yet recorded

Related articles

Citing judgments

No judgments citing this article have been indexed yet.

Amendment timeline

No amendment history recorded.