Ley 1563 de 2012 | Ley 1563 de 2012 — Colombia law | Esheria

Ley 1563 de 2012

This text identifies Law 1563 of 2012, which adopts the National and International Arbitration Statute and related provisions.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 1563 de 2012
Version
Undated source snapshot
Language
es
Updated
Official source
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annulment proceedings appeals arbitral awards arbitral procedure arbitral tribunal गठन arbitration arbitration administration arbitration costs arbitration fees arbitration hearing arbitration procedure arbitration proceedings arbitrator appointment arbitrator replacement audiencias remotas award annulment case suspension challenge procedure civil procedure competencia de centros de arbitraje comunicaciones electrónicas conciliation contract drafting contractual clauses +46 more

Statute overview

About this statute

This text identifies Law 1563 of 2012, which adopts the National and International Arbitration Statute and related provisions. This article says arbitration is an alternative way to resolve disputes, sets out its governing principles, defines an arbitral award, and requires awards to be issued in law in certain public-contract cases. This article classifies arbitration as ad hoc or institutional and sets when institutional arbitration applies. The arbitration agreement is a legal act where the parties submit or agree to submit disputes to arbitration, and they give up bringing those claims before judges. An arbitration clause may be included in the contract or in a separate document tied to the contract.

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