1. The judgment rendered by the court on the action for annulment shall be final and shall not be subject to appeals except by way of Cassation. 2. The action for annulment of an arbitral award shall not be heard after thirty (30) days following the notification of the arbitral award by the party requesting annulment. 3. The judgment nullifying the arbitral award entails the cancellation of the award in whole or in part, depending on whether such nullification pertains to all or part of the award. If an interpretation has been issued on the part that is rendered nullified, such interpretation shall likewise be nullified; 4. Unless otherwise agreed by the parties, the Arbitration Agreement shall remain valid in accordance with the provisions of this Law after annulment of the arbitral award, unless such annulment is based on the absence, extinction, nullity or non-enforceability of the Agreement itself. 5. Waiver of the right to institute the annulment action prior to the passing of the award shall not prevent the admission of the action. 6. The court from which the annulment of the arbitral award is sought may suspend the annulment proceedings for a period not exceeding (60) sixty days if it finds it appropriate at the request of one of the parties in order to give the Arbitral Tribunal an opportunity to take any action or rectify the form of the award that may eliminate the causes of annulment without affecting its content.
Interpretation and application must be checked against the official text and current version.
