Preamble

Article 1572 – Power to decide - If the arbitrators are authorized to decide ‘ex oequo er bone’, or as per equity, they are not subject to the provisions of the law and they will decide as they deem fit. If such authorization in not given, they shall assess the evidence and apply the law as any civil court of competent jurisdiction would have done.

Article 1573 – Drawing up of the award - The trial shall be held in conference and the

collegiate judgment shall be prepared by the arbitrator who was entrusted with the conduct of the proceedings. Where the preparation was done by the judge, the arbitrators shall decide by agreement who amongst them shall prepare the award.

The judgment shall be dictated by the assigned arbitrator and signed by all. Once the decision is delivered the file shall be handed over to the office of the court where tribunal functioned. The service of notice of judgment and all subsequent procedural steps shall be undertaken by the judicial officer as per the rules of distribution. § Sole Paragraph: In case foreseen in Article 1569 what is provided in second clause of Article 1578 shall apply. Article 1574 – Binding force of award - The decision of the arbitrator shall have the same force as judgment passed by the court. § Sole Paragraph: What is provided in Article 717 shall equally apply to the arbitral decision.