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Dubai International Arbitration Centre Statute

CHAPTER 3
The Executive Committee

Article (14)
Formation

  1. The Executive Committee shall consist of five members to be elected by the Board of Trustees from amongst its members in the first meeting it holds.
  2. The term of appointment of the Committee shall be three years. Any member may be re-elected for further period(s).
  3. The Committee shall elect from amongst its members a Chairman, a Vice-Chairman, a treasurer and a vice-treasurer.
  4. The Chairman of the Committee shall represent the Centre before judicial authorities.
  5. If the post of a member in the Executive Committee is vacated or if he becomes incapable of carrying out his duties, the Board of Trustees shall elect a substitute for the remaining period of the term.

Article (15)
Functions of the Committee
The Committee shall carry out the following functions:

  1. Proposing a draft amendment to this statute and presenting the same to the Board of Trustees.
  2. Proposing draft rules of conciliation, of arbitration, and by-laws regulating the other methods of Alternative Dispute Resolution as well as the by-laws regulating the administration of the Centre and presenting the same to the Board of Trustees.
  3. Supervising the implementation of this Statute, the rules of conciliation, of arbitration and by-laws of the Centre and issuing instructions necessary for their implementation. 
  4. Examining and making decisions on membership applications.
  5. Appointing dispute settlement panels in accordance with the Rules of Conciliation and Arbitration as well as other methods of Alternative Dispute Resolution.
  6. Determining the venue of arbitration where the parties in dispute have failed to do so.
  7. Deciding on requests to reconsider the appointment of any conciliators or arbitrators in accordance with the rules of conciliation and of arbitration.
  8. Determining the remuneration of conciliators and arbitrators as well as the fees and expenses of conciliation and arbitration or other methods of Alternative Dispute Resolution and the amounts to be paid in advance.
  9. Concluding agreements and contracts with other arbitration centres, unions or other bodies.
  10. Supervising the implementation of the annual budget of the Centre.
  11. Any other duties entrusted to the committee under this Statute, rules of conciliation and of arbitration and the by-laws of the Centre.

Article (16)
Committee Meetings

  1. The Committee shall meet upon an invitation by the Chairman, Vice-Chairman or the Director of the Centre at least once every sixty days or whenever necessary. Invitations should be issued one week before the date of the meeting.
  2. The meeting of the Committee shall be presided over by the Chairman or Vice-Chairman. In case both are absent, the Committee shall elect a Chairman for the meeting from amongst its members.
  3. The quorum shall be realised by the presence of at least three members. Decisions shall be passed by a majority of votes of the present members. If votes are equal, the Chairman shall have a casting vote.
  4. The Chairman and the present members shall sign the minutes of the meeting.
  5. The members of the Committee may approve, in writing or through electronic communication, urgent decisions related to procedures of conciliation and of arbitration which are presented to them by the Director. In such case all members of the Committee should approve these decisions.

 

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