32.
| (1) An arbitral award made in an arbitration held in Sri Lanka may be set aside by the High Court, on application made therefor, within sixty days of the receipt of the award
| | (a) where the party making the application furnishes proof that
| | | (i) a party to the arbitration agreement was under some incapacity or the said agreement is not valid under the Law to which the parties have subjected it or, failing any indication on that question, under the law of Sri Lanka ; or |
| (ii) the party making the application was not given proper notice of the appointment of an arbitrator or of the arbitral proceedings or was otherwise unable to present his case ; or |
| (iii) the award deals with a dispute not contemplated by or not falling within the terms of the submission to arbitration, or contains decisions on matters beyond the scope of the submission to arbitration: |
| (iv) the composition of the arbitral tribunal or the arbitral procedure was not in accordance with the agreement of the parties, unless such agreement was in conflict with the provisions of this Act, or, in the absence of such agreement, was not in accordance with the provisions of this Act: or |
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| | (b) where the High Court finds that
| | | (i) the subject matter of the dispute is not capable of settlement by arbitration under the law of Sri Lanka ; or |
| (ii) the arbitral award is in conflict with the public policy of Sri Lanka. |
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| (2) Where an application is made to set aside an award, the High Court may order that any money made payable by the award shall be brought into Court or otherwise secured penning the determination of the application. |
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Sri Lanka Consolidated Acts