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Arbitral Award
However the decision of the arbitral tribunal is referred to like an arbitral award. Therefore the terms of employment really require the arbitrator that must make an interim award. Conversely in all cases he must make a final award that must be written and signed through all arbitrators.
Further must state the reasons of the decisions and place's date of its making. However a copy of the award must be delivered to each party.
Money Lent: According to the decision in Re: David Payne & Co Ltd (23), a person lending money to a company is not bound to enquire as to why the company requires the money. H
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