RECOGNITION AND ENFORCEMENT OF ARBITRAL AWARDS FOCUS ISSUES

RECOGNITION AND ENFORCEMENT OF ARBITRAL AWARDS FOCUS ISSUES

Authors

  • Bakhodir Baxtiyorovich Olimov Tashkent state university of law Faculty of International Law and Comparative Law 3rd year student;

Keywords:

arbitration, arbitrator, property, property, non-property, dispute, execution, decision, international trade, court, convention, investment disputes, principle, economic entities, exequatur.

Abstract

An arbitral award shall be voluntarily enforced by the party concerned, or upon a written request by the claimant to a court of competent jurisdiction pursuant to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, regardless of the country in which it was issued. can be obtained and directed to mandatory execution. In particular, if the decision was made by a foreign arbitration, it can be recognized and enforced in accordance with the provisions set forth in Chapter 33 of the Code of Economic Procedure of the Republic of Uzbekistan. In order to focus on mandatory execution of the decision of the international arbitration court operating in Uzbekistan, the procedure of obtaining a writ of execution for the decisions of arbitration courts is applied.

References

Халқаро тижорат арбитражи тўғрисидаги Ўзбекистон

Республикаси Қонуни, 16.02.2021 йилдаги ЎРҚ-674-сон.

Ўзбекистон Республикасининг Иқтисодий процессуал кодекси.

G. Born, International Arbitration: Cases and Materials. Aspen 2020.

Рустамбеков И. Международный коммерческий арбитраж.

Margaret L. Mozes, Халқаро тижорат арбитражи тамойиллари ва амалиёти.

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Published

2023-05-01

How to Cite

Bakhodir Baxtiyorovich Olimov. (2023). RECOGNITION AND ENFORCEMENT OF ARBITRAL AWARDS FOCUS ISSUES . Scientific Impulse, 1(9), 1599–1602. Retrieved from https://nauchniyimpuls.ru/index.php/ni/article/view/8349
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