5.01 As discussed in Chapter 3, a valid arbitration agreement is a sine qua non for any arbitration. No party can be compelled to participate in arbitration unless he has agreed to do so. The arbitration agreement is also the basis for the authority of the arbitrators. Without a valid arbitration agreement they have no authority to rule on any issue. The validity and the scope of application of the arbitration agreement determine the procedural framework of the dispute between the parties. 5.02 The arbitrators cannot go beyond the arbitration agreement of the...
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