Home » Nigeria » Section 21 Nigerian Arbitration and Mediation Act 2023

Section 21 Nigerian Arbitration and Mediation Act 2023

Section 21 Arbitration and Mediation Act

Section 21 Arbitration and Mediation Act 2023 is about Conditions for grant of interim measures. It is under Part I (Arbitration) of the Act.

(1) The party requesting an interim measure under section 20(2)(a), (b) and (c) shall satisfy the arbitral tribunal that –
(a) harm not adequately reparable by an award of damages is likely to result where the measure is not ordered, and the harm substantially outweighs the harm that is likely to result to the party against whom the measure is directed where the measure is granted; and

(b) there is a reasonable possibility that the requesting party may succeed on the merits of the claim, provided that any determination on this possibility does not affect the discretion of the arbitral tribunal to make any subsequent determination.

(2) With regard to a request for an interim measure under-section 20 (2) ( d), the requirements under subsection (l)(a) and (b) shall apply only to the extent the arbitral tribunal considers appropriate.

See also  Section 33 Nigerian Arbitration and Mediation Act 2023

More Posts

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others