EN
TR
The ICSID Convention does not provide any mechanism for appeal. Rather, Article 52…
The mechanism created for the revision of awards allows bringing annulment claims…
(a) the Tribunal was not properly constituted;…
(b) the Tribunal has manifestly exceeded its powers;…
(c) there was corruption on the part of a member ofthe Tribunal;…
(d) there has been a serious departure from a fundamental rule of procedure; or…
(e) the award has failed to state the reasons on which itis based.…
This limited nature of grounds for annulment serves the most notable feature of ICSID…
In case the Committee decides to annul the original decision in part or in full,…
The increasing number of contradictory interpretation of similar provisions of the…
