ICC arbitration (2012, 2017 & 2021 Rules): Procedural Timetable

The legal template regarding ICC arbitration (2012, 2017 & 2021 Rules): Procedural Timetable provides a structured framework for guiding the procedural timeline and milestones during an arbitration process conducted under the International Chamber of Commerce (ICC) rules. The ICC is one of the leading institutions for resolving international commercial disputes through arbitration, and its rules set out the procedures, rights, and obligations of the parties involved in the arbitration.

This template outlines the procedural steps, deadlines, and key events that parties must adhere to throughout the arbitration proceedings under the specified ICC rules of 2012, 2017, and 2021. It offers a comprehensive guide to managing the process efficiently and ensuring the timely resolution of disputes. The procedural timetable encompasses various stages, including the appointment of arbitrators, submission of statements of claim and defense, submission of evidence, expert reports, hearings, and ultimately the rendering of the final award.

By utilizing this template, parties to an arbitration can proactively plan and manage their obligations and timeframes in accordance with the ICC rules. The template aids in streamlining the arbitration process, providing a clear framework for parties and their legal representatives to follow, and avoiding unnecessary delays or disputes over procedural matters.

Additionally, this template may incorporate standard clauses and provisions commonly used in ICC arbitration agreements. These provisions may address matters such as the language and seat of arbitration, governing law, confidentiality, costs, and methods of communication between the parties and the arbitral tribunal.

In summary, the ICC arbitration (2012, 2017 & 2021 Rules): Procedural Timetable legal template serves as a valuable tool for parties involved in international commercial disputes, facilitating a structured and efficient arbitration process under the ICC rules.