Business Law Deneme Sınavı Sorusu #997747
Which of the following can be said on international commercial arbitration procedure according to Turkish law?
Turkish Code of Procedural Law applies to the procedure |
The parties are free to agree on the procedure |
The arbitral tribunal chooses the procedure |
Turkish courts choose the procedure |
Code of Law of Obligations applies to procedure |
The parties are free to agree on the procedure to be followed by the arbitral tribunal in conducting the proceedings. They may, in the determination of such procedure, make a reference to any other national law, or international or institutional arbitration rules. If there is no such agreement between the parties, the arbitral tribunal shall conduct the proceedings in accordance with the provisions of the Turkish International Arbitration Law (Article 8A).
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