Is Arbitrator’s decision or award binding on parties

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Author- admin
Date:May 27, 2022

Is Arbitrator’s decision or award binding on parties

Any decision made or final award passed by the arbitration is legally binding upon the parties, in the same manner, a judgement or decree is binding.

Furthermore, as per the international conventions, any arbitration awards or judgement in foreign countries are enforceable or executable in India and vice versa.