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Arbitration
Arbitration in Malaysia is regulated to some extent by the Arbitration Act 1952 (Act 93) and Order 69 of the Rules of the High Court 1980.
There are presently two different regimes in Malaysia law, namely arbitrations immune from court intervention under section 34 of the arbitration Act 1952 and arbitrations to which the rest of the Act applies.
Arbitration is a settlement of dispute between two parties. Both agree to refer their claims to the third party in order to obtain an equitable decision.
In Malaysia, disputes are generally referred to the courts or alternatively to the Kuala Lumpur Regional Centre for Arbitration. You can save cost rather than going through court proceedings.
The Arbitration Act 2005 replaces the Arbitration Act 1952. Malaysia Court cannot intervene in the trial of any disputes. All the process is governed under the Rules of Kuala Lumpur Regional Centre for Arbitration.
Joint us as a member of JUTALINE, you will enjoy the service of a group of our professional consultants in providing you with our professional advise through our web and emails.
Why hassle with the research of the rules and regulations, engage us to conduct on the necessary research just for you.
Join us now!
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