The dispute is considered by arbitrators chosen by the parties to the dispute.
Speed
A clear procedure, fixed timeframes and the absence of unnecessary bureaucracy help move from the dispute to the final award faster.
Binding effect
An arbitral award has legal force and is enforceable in Kazakhstan and abroad (1958 New York Convention).
Dear friends,
Good-faith performance of contracts is the foundation of a sustainable business. Yet disagreements arise even between reliable partners, and when an amicable solution cannot be reached, it is important to have a fast and fair mechanism to protect your interests.
Arbitration offers exactly that: competent consideration of the dispute, confidentiality and a binding award. Our task is to take the resolution of the dispute upon ourselves so that you can focus on what matters most: your business.
Askar Kaldybayev Chairman of the Turan International Arbitration Centre Member of the Chartered Institute of Arbitrators, MCIArb Candidate of Legal Sciences, Master of Laws (LL.M.)
Model Arbitration Clause
For a dispute to be considered in arbitration, the contract must contain an arbitration clause – a provision referring disputes to the Turan International Arbitration Centre.
We have prepared ready-to-use wording – download the template and include it in your contracts.