Arbitration is considered as a process of resolving disputes between the parties taking into account the arbitral tribunal which is appointed by the parties initiating disputes after a request from the parties. It is also considered an alternative method of dispute resolution: parties to a dispute agree to submit their dispute to a third party who is considered an arbitrator. Based on this arbitration process, arbitration awards are delivered to the arbitrator who resolves the disputes. An arbitral or arbitral award is considered a determination based on the merits of the arbitration by an arbitral tribunal and is analogous to the judgment rendered in reviewing the rule of law in international law. In traditional dispute resolution, arbitration was actually used by states in order to peacefully settle disputes between them. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay However, in modern dispute resolution, it has proven to be a very common method that helps resolve all disputes involved in investor-state disputes. as well as commercial disputes between private parties. It has been identified that during an arbitration process, a party may not be satisfied with the arbitration decision presented. If any party to the dispute is not satisfied with the awards or decision, that party has the right to appeal for an award to the Court of Justice. Global arbitration law is based on English arbitration law. Depending on the rule of law of international law relating to arbitral awards, the party to the dispute resolution may or may not have the right to claim or appeal an arbitral award that was made by arbitral tribunals without its legal jurisdiction . This is discussed in detail below in support of various legal rules and regulations of arbitration as well as some court cases previously decided on this arbitration. In accordance with the rule of law in international law relating to arbitral awards which are the International Arbitration Act of 1974, UNCITRAL, International Center for Settlement of Investment Disputes (ICSID), CETA as well as the ICS, the mechanism appeal of arbitral awards may or may not be compatible. However, in the decision of compatibility or non-compatibility, individuals face the problem of appealing arbitral awards. A third party attempting to seek an award from the disputing parties may or may not be requested to proceed with the arbitration. The main question described in this article is whether an individual has the right to appeal an arbitral decision or award under the jurisdiction of an arbitral tribunal after resolution of the disputes on their merits. . An arbitral tribunal is considered a group consisting of one or more arbitrators who help resolve a dispute through the arbitration process. Keep in mind: this is just a sample. Get a personalized document from our expert writers now. Get a Custom Essay The rule of International Law relating to arbitral awards states that parties recommending the third party for dispute resolution may or may not have the right to claim or appeal an arbitral award. They can only claim or appeal these awards under the jurisdiction of the arbitral tribunals, as the award is essentially made by the arbitral tribunals only. The parties, who cannot appeal on the basis of their merits, have the right to choose one of the principles set out in the.