- Arbitrability — Parties to the dispute (and jurisdiction) — Arbitral rules — Arbitral agreements — Arbitral tribunals — Statehood, jurisdiction of states, organs of states
This chapter discusses section V of the HKIAC Rules. It provides the framework for making awards, decisions, and orders by the arbitral tribunal in HKIAC arbitrations. It also addresses the costs of arbitration and deposits for such costs. The process of rendering an award under the HKIAC Rules involves the following stages: the closure of hearings, deliberation, the reaching of a decision, the assessment of costs, the rendering of the award, and the transmission of the award. The award will typically comprise the following elements: the identification of the parties, the specification of the date of the award and the seat of the arbitration, the procedural history, the summary of the factual background and the issues in dispute, the substantive analysis for the decision, and the specification of any orders to be carried out by the parties.