
Originally from:
Chamber of Arbitration of Milan Rules: A Commentary
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ARTICLE 32 – TIME LIMIT FOR FILING THE FINAL AWARD
1. The Arbitral Tribunal shall file the final award with the
Secretariat within six months from its constitution, unless
otherwise agreed by the parties in the arbitration
agreement.
2. In any case, the Arbitral Council may extend the time limit
for the filing of the award, even on its own initiative, or,
where there is consent by the parties to an extension, the
Secretariat may do so.
3. The Secretariat shall suspend the time limit in the cases
expressly provided for in these Rules and for any other
justified reason.
1. The time-limit for issuing the final award
The time limit for the filing of the final award by the arbitral tribunal
with the Secretariat is addressed in Article 32, which states:
1. The Arbitral Tribunal shall file the final award with the Secretariat
within six months from its constitution, unless otherwise agreed by
the parties in the arbitration agreement.
2. In any case, the Arbitral Council may extend the time limit for the
filing of the award, even on its own initiative, or, where there is
consent by the parties to an extension, the Secretariat may do so.
3. The Secretariat shall suspend the time limit in the cases expressly
provided for in these Rules and for any other justified reasons.
Time limits for making the award are currently provided in national
laws, institutional rules, or arbitration agreements. In institutional
arbitrations, the relevant rule is normally two-fold: it first fixes a time
limit which apply to all proceedings, unless in the specific case the
parties have agreed on a different time limit; it then empowers the
institution to extend the (general or conventional) time limit so as to
SUMMARY:
1. The time-limit for issuing the final award;
2. The procedure for extending the time-limit – Case management techniques;
3. Is a late award valid?;
4. Suspension of the time-limits.