Babak Sheed
Abstract
As the judicial procedure ensures proper and lawful implementation of the law and statuary regulations, arbitration agreement is made for being sure of good performance of the contractual obligations. It is not exaggerate if assert that the parties may conclude the main contract based on its arbitration ...
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As the judicial procedure ensures proper and lawful implementation of the law and statuary regulations, arbitration agreement is made for being sure of good performance of the contractual obligations. It is not exaggerate if assert that the parties may conclude the main contract based on its arbitration clause. So, it is expected that the arbitration agreement or clause has a firmer position than a revocable contract to have a proper function with the wills of the parties. In legal writings and lawyer’s views there is no definitive opinion as to whether or not an arbitration agreement or cause is revocable or Irrevocable, in addition article 481(1) of civil procedure law states that written agreement between the parties is necessary to decline the arbitration agreement which it associates irreconcilability of the arbitration agreement but in article 481(2) has considers death as a cause of declining the arbitration agreement. Researchers have neglected on literal and historical interpretation of the regulations on arbitration. In this research has been attempted through the aforementioned approach means literal and historical interpretation, stabilize inefficacy of each party’s death on arbitration.
