DOCDEX RULES PDF

The version of the Rules that is applicable at the time of submission of a Claim shall apply to the proceedings unless otherwise agreed by each Claimant and Respondent. The Rules are available for any dispute which the Centre, in consultation with the Technical Adviser and subject to Articles 2 2 and 2 3 of the Rules, may agree to administer and which relates to:. When a dispute falling within the scope of Article 2 1 of the Rules arises, a party may refer the dispute to the Rules to obtain an independent, impartial and prompt expert decision on the basis of the terms and conditions of the relevant instrument, undertaking or agreement, any applicable ICC Banking Rules and international standard practice in trade finance. If the dispute arises out of or is in connection with an instrument, undertaking or agreement that does not provide for the application of ICC Banking Rules, it shall be administered under the Rules only if each Claimant and each Respondent so agree. Their agreement shall be recorded on Forms 1 and 2.

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Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers. Once the Centre receives a claim, it appoints a panel of three experts with expertise and experience of the specific issues in dispute to make a decision, which is only binding if all the parties to the dispute have expressly agreed in writing to be bound. To ensure transparency, the parties are not informed of the identity of the experts and only liaise with the Centre.

DOCDEX offers a cheap, fast and documents-only procedure, with experts expected to render a decision within two to three months of the submission of the claim.

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ICC DOCDEX RULES ICC Rules for Documentary Instruments Dispute Resolution Expertise

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DOCDEX Rules

First revision, effective from 15 March republished with grammatical and typographical corrections July When a dispute is submitted to the Centre in accordance with these rules, the Centre shall appoint three experts from a list of experts maintained by the Banking Commission. The Initiator may be one of the parties to the dispute applying individually, or more or all parties to the dispute submitting jointly a single Request. The Request, including all documents annexed thereto, shall be supplied to the Centre in Paris, France, in four copies.

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