The Malaysian Rubber Exchange (MRE) organised an Arbitration Seminar for the MRE Panel of Arbitrators in Kuala Lumpur on 24 January 2008. The seminar was well-attended by members of the Panel. The seminar was officiated by the Director-General MRB cum Chairman MRE, Y Bhg Dato' Dr Kamarul Baharain Basir who delivered the keynote address. This was followed by two sessions conducted by Mr Tee Geok Hock from GH Tee and Co., an experienced arbitrator with the Kuala Lumpur Regional Centre of Arbitration and Mr Manjit Singh, MRE's legal adviser.
Mr Tee shared his experience on the Arbitration Act 2005 with special emphasis on section 33 which deals in the form and contents of an award and requirements of a valid and enforceable award and section 37, which deals with the grounds for setting aside the award. These topics have been specially selected as they relate to the strengthening of the MRE arbitration procedures in line with the Arbitration Act 2005.
Mr Manjit Singh, an experienced lawyer who has been involved with some of the complicated arbitration cases of the MRE presented topics which represent the very core of arbitration such as the role and responsibilities of an Arbitrator, procedures at a hearing, enforcement of an arbitration award, etc.
The seminar was a success as the arbitrators
were informed and updated on the proposed amendments of the MRE arbitration
procedures as well as the Arbitration Act 2005.
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