The sole recourse against an arbitral award is by
application for setting aside. TIAL provides an exhaustive list of
grounds on which an award may be set aside. These are divided into
two categories; ones that are to be proved by the parties, and
others which a court may consider of its own initiative.
Arbitral Award
Under The Turkish International Arbitration Law of 2001
("TIAL"), unless otherwise agreed by the parties, an
arbitral award is to be rendered within one year from the date on
which the appointment of the arbitrator took place where there is a
sole arbitrator, or on the date on which the minutes of the first
meeting are issued where there is an arbitral tribunal. Parties may
agree to prolong this time limit before the expiration of the term.
However, if the latter fails to come to an agreement, the competent
court may order the extension of the term upon the request of
either party. If the court rejects such request, the arbitration
process terminates
