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Corporate Law

CM Advocates - Nigeria > Corporate Law

When an Arbitral Award can be set aside under Nigerian Law

The High Court within the jurisdiction where a final arbitral award was made is statutorily empowered by virtue of the provisions of sections 29, 30 and 48 of the Arbitration and Conciliation Act (the “Act”) and section 55 of the Lagos State Arbitration Law (the “Law”) to set aside such arbitral award on the basis of an application brought by a party aggrieved by it.[ii]