Nullification. (1) Either Party to the dispute may request the annulment of an award, in whole or in part, on one or more of the following grounds, that: (a) The tribunal was not properly constituted; (b) The tribunal has manifestly exceeded its powers; (c) There was corruption on the part of a member of the tribunal or on the part of a person providing decisive expertise or evidence; (d) There has been a serious departure from a fundamental rule of procedure; or (e) The award has failed to state the reasons on which it is based. (2) The request for annulment shall be submitted for decision by a new tribunal which shall be constituted and operate under the rules of this Part. The decision of the tribunal shall be final. Chapter Three : Final Provisions
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Sources: Investment Agreement, Investment Agreement, Investment Agreement
Nullification. (1) Either Party to the dispute may request the annulment of an award, in whole or in part, on one or more of the following grounds, that:
(a) The the tribunal was not properly constituted;
(b) The the tribunal has manifestly exceeded its powers;
(c) There there was corruption on the part of a member of the tribunal or on the part of a person providing decisive expertise or evidence;
(d) There there has been a serious departure from a fundamental rule of procedure; or
(e) The the award has failed to state the reasons on which it is based.
(2) The request for annulment shall be submitted for decision by a new tribunal which shall be constituted and operate under the rules of this Part. The decision of the tribunal shall be final. Chapter Three CHAPTER THREE: Final ProvisionsFINAL PROVISIONS
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