5 Arbitration

1. The concept: the parties' own judge — the dispute's submission to the private tribunal (the arbitration clause-and-submission agreement; the party-autonomy face of Unit 3);2. The Nepali frame: the Arbitration Act 2055 (1999) as amended (the modernized practice: the minimal-intervention policy; the stay-of-court-proceedings on the arbitration clause; the appointment machinery; the award's challenge grounds' narrowness; the enforcement-and- execution of awards); the arbitration-and-conciliation's institutional growth (the ICC-Nepal-and- centre practice; the international arbitration of the foreign-investment disputes — the BIPA provisions); Verify every citation yourself — do not rely on this page alone. Case names, numbers, dates and the decisions attributed to them have been removed from these notes or are unverified. Before you quote anything in an exam, a moot or a filing, check it in the primary source: the Nepal Kanoon Patrika report, the statute, the prescribed textbook and your college notes. These notes are a study aid written with AI assistance; they are not a substitute for the reports, they are not reviewed by Tribhuvan University, and they are not legal advice. If a statement here conflicts with the source, the source is right.