03 February 2011, 11:12
The Law supplements the Economic Procedural Code of Ukraine with a new chapter ХVІ "Proceedings in the Cases on Cancellation of the Arbitral Tribunal Resolutions, and Issue of the Enforcement Orders due to the Arbitral Tribunal Resolution", determining the court processing of appeals against the resolution of the arbitral tribunals, and receipt of the enforcement orders.
The Parties, third parties and individuals not taking part in the case have the right to appeal to the economic court concerning rejection of the resolution of the court of arbitration if the court of arbitration made the judgment regarding their rights and duties. The appeal is submitted to the economic court at the place of the case scrutiny by the court of arbitration and individuals in a three-day term from the moment of the judgments of the court of arbitration, while individuals not taking part in the cas shall submit it within three months since the day they learnt or should have learnt about the judgment of the court of arbitration.
The draft is registered under Reg. No. 5322.