Section 37 Arbitration and Mediation Act
Section 37 Arbitration and Mediation Act 2023 is about Power of the arbitral tribunal as to remedies. It is under Part I (Arbitration) of the Act.
(1) The parties may agree on the powers exercisable by the arbitral tribunal as regards remedies.
(2) Unless otherwise agreed to by the parties, the arbitral tribunal has powers –
(a) to make a declaration as to any matter to be determined in the proceedings;
(b) to order the payment of a sum of money, in any currency claimed by a party; and
(c) as the Court, to order –
(i) a party to do or refrain from doing anything,
(ii) specific performance of a contract ( other than a contract relating to land), and
(iii) the rectification, setting aside or cancellation of a deed or other document.