{"id":488,"date":"2022-07-09T17:14:18","date_gmt":"2022-07-09T14:14:18","guid":{"rendered":"https:\/\/danilhristich.com\/gafta-126-bystryj-arbitrazh\/"},"modified":"2025-05-06T14:06:33","modified_gmt":"2025-05-06T11:06:33","slug":"gafta-126-expedited-arbitration","status":"publish","type":"post","link":"https:\/\/danil-hristich.com\/en\/gafta-126-expedited-arbitration\/","title":{"rendered":"Gafta 126: expedited arbitration"},"content":{"rendered":"\n

This article is about arbitration under the Gafta 126 Rules. I have written about the standard Rules 125 here<\/a>.<\/p>\n\n\n\n

Gafta created Expedited Arbitration Procedure Rules 126 for rapid dispute resolution. The Association designed these rules for simple disputes of small value.<\/p>\n\n\n\n

The main advantages of the Rules are speed and cost. Statistically<\/a>, arbitration under Rules 126 takes 4 months, and arbitration under Rules 125 takes 8 months. The average cost under the expedited rules is \u00a38,751,00. Under the standard rules, it is \u00a316,036.00.<\/p>\n\n\n\n

The dispute procedure is similar to the standard rules: the parties exchange documents, and then the arbitrator decides. However, many nuances in the rules make the procedure quicker and cheaper.<\/p>\n\n\n\n

Difference between Gafta 125 and 126<\/h2>\n\n\n\n
\n
\n
<\/th>Gafta 125<\/th>Gafta 126<\/th><\/tr><\/thead>
Number of arbitrators<\/td>3<\/td>1<\/td><\/tr>
Time limit for a claim<\/td>One year of a notice of arbitration<\/td>7 days after the appointment of an arbitrator<\/td><\/tr>
Time limit for defence<\/td>28 days<\/td>7 days<\/td><\/tr>
Time limit for a reply<\/td>21 days<\/td>7 days<\/td><\/tr>
Appeal<\/td>In Gafta or the High Court of Justice<\/td>The right to appeal is excluded<\/td><\/tr>
Standard deposit<\/td>\u00a315,000<\/td>\u00a311,400<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n<\/div>\n\n\n\n

There are several simplifications in the table to highlight the difference between the rules. For example, under Rules 125, the dispute can also be heard by a sole arbitrator<\/a>, and the time limits for filing under both rules can be extended.<\/p>\n\n\n\n

When considering a dispute, the arbitrator may inform Gafta that the dispute is too complex for Rules 126. In such a case, the Association may increase the arbitration fees.<\/p>\n\n\n\n

To summarise, Rules 126 are suitable for the following cases<\/p>\n\n\n\n