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Results: 4 Answers
International Arbitration
13.
Enforcement of awards
13.1
Are awards enforced in your jurisdiction? Under what procedure?
 
Serbia
A domestic and a foreign award (the latter after recognition by the competent court) shall have the effect of a final judgment of the domestic court and shall be enforced in accordance with the provisions on enforcement (Article 64). The court may also decide on the recognition of a foreign arbitral award as a preliminary matter in the enforcement proceedings (Article 46 of the Enforcement and Security Act).

The request for recognition and enforcement shall be submitted to the court within whose territory enforcement is sought, accompanied by:

  • the original arbitral award or a certified copy thereof;
  • the arbitration agreement or a document witnessing the acceptance of arbitration, in the original or a certified copy thereof; and
  • a certified translation of the foreign arbitral award and the arbitration agreement into the official language of the competent court (Article 65).

The grounds for refusing recognition and enforcement are similar to those under the New York Convention and the UNCITRAL Model Law (Article 66).

For more information about this answer please contact: Jelena Bezarević Pajić from Schoenherr Attorneys at Law