(See UNCITRAL site for details). The Rules provide that the wishes of the parties regarding procedure will be respected as far as possible, but they also seek to ensure that the Arbitrator will have sufficient powers to direct the proceedings if the parties cannot agree on procedure or will not co-operate.
Arbitration Rules have been developed to encourage greater use of administered arbitration. By providing for arbitration under these rules, parties can avoid the uncertainty of having to petition a court to resolve procedural impasses. These rules are intended to provide effective arbitration services through the use of administered arbitration. The Rules allow the procedure to be as short and as inexpensive as practicable. IIAM is a member of Asia-Pacific Centre for Arbitration & Mediation (“APCAM”) and where the parties seek to resolve any international dispute under the IIAM Arbitration Rules, they are deemed to have agreed to resolve such disputes as per the Arbitration Rules of APCAM. This help the business community to resolve their international commercial and business disputes by arbitration under a single set of Arbitration Rules and with a uniform fee structure in all the APCAM member countries to minimize the hassle of adhering to different laws or fees of different institutions. For details, Click here