Titulo:

Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
.

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2307-7999

2310-4635

9

2020-12-13

e875

e875

Propósitos y Representaciones - 2021

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spelling Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
Arbitration is carried out based on the parties’ agreement, outside official authorities. As a result, it is carried out faster, at a lower price, and based on the confidence of the both parties in the arbitrator(s). The ways to include arbitration term in the statute of commercial firms include stating in the contract, stating in the statute, and stating in other commercial documents such as articles of partnership and primary corporation agreement. The conditions of validity of including arbitration term in the statute of commercial firms are the same as essential trading terms pointed to in the article 190 of the civil code. Cases in which including the arbitration term in the statute of commercial firms is prohibited include bankruptcy related disputes, which based on the article 496 of the civil procedure code (2001) cannot be settled through arbitration. This is because bankruptcy is a matter of public order. In addition, there are doubts whether arbitration term can be included in the statute of commercial firms in cases of certain disputes such as termination, nullity and in general, company-dissolution-disputes. This is also because in terms of effects, company dissolution is similar to bankruptcy, leaving the task of determining a settlement manager to the court instead of arbitrators.
Afarin, HamidReza
Maghsoodpoor, Rasool
Arbitration term
statute
commercial firm
article 190 of the civil code
bankruptcy
9
SPE1
Núm. SPE1 , Año 2021 : Número especial: Prácticas educativas y formación docente
Artículo de revista
Journal article
2020-12-13T00:00:00Z
2020-12-13T00:00:00Z
2020-12-13
application/pdf
Carrera de Psicología, Universidad San Ignacio de Loyola, Lima, Perú.
Propósitos y Representaciones
2307-7999
2310-4635
https://revistas.usil.edu.pe/index.php/pyr/article/view/875
10.20511/pyr2021.v9nSPE1.875
https://doi.org/10.20511/pyr2021.v9nSPE1.875
eng
https://creativecommons.org/licenses/by-nc-sa/4.0/
Propósitos y Representaciones - 2021
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e875
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institution UNIVERSIDAD SAN IGNACIO DE LOYOLA
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collection Propósitos y Representaciones
title Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
spellingShingle Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
Afarin, HamidReza
Maghsoodpoor, Rasool
Arbitration term
statute
commercial firm
article 190 of the civil code
bankruptcy
title_short Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
title_full Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
title_fullStr Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
title_full_unstemmed Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
title_sort investigating the possibility and effects of arbitration term in the statute of commercial firms
title_eng Investigating the Possibility and Effects of Arbitration Term in the Statute of Commercial Firms
description_eng Arbitration is carried out based on the parties’ agreement, outside official authorities. As a result, it is carried out faster, at a lower price, and based on the confidence of the both parties in the arbitrator(s). The ways to include arbitration term in the statute of commercial firms include stating in the contract, stating in the statute, and stating in other commercial documents such as articles of partnership and primary corporation agreement. The conditions of validity of including arbitration term in the statute of commercial firms are the same as essential trading terms pointed to in the article 190 of the civil code. Cases in which including the arbitration term in the statute of commercial firms is prohibited include bankruptcy related disputes, which based on the article 496 of the civil procedure code (2001) cannot be settled through arbitration. This is because bankruptcy is a matter of public order. In addition, there are doubts whether arbitration term can be included in the statute of commercial firms in cases of certain disputes such as termination, nullity and in general, company-dissolution-disputes. This is also because in terms of effects, company dissolution is similar to bankruptcy, leaving the task of determining a settlement manager to the court instead of arbitrators.
author Afarin, HamidReza
Maghsoodpoor, Rasool
author_facet Afarin, HamidReza
Maghsoodpoor, Rasool
topic Arbitration term
statute
commercial firm
article 190 of the civil code
bankruptcy
topic_facet Arbitration term
statute
commercial firm
article 190 of the civil code
bankruptcy
citationvolume 9
citationissue SPE1
citationedition Núm. SPE1 , Año 2021 : Número especial: Prácticas educativas y formación docente
publisher Carrera de Psicología, Universidad San Ignacio de Loyola, Lima, Perú.
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url https://revistas.usil.edu.pe/index.php/pyr/article/view/875
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