SIAC (2016)—multiple contracts, joinder and consolidation


Produced in partnership with Mr Alvin Yeo, Senior Counsel, Chairman & Senior Partner of Wong Partnership LLP, Singapore
Practice notes

SIAC (2016)—multiple contracts, joinder and consolidation


Produced in partnership with Mr Alvin Yeo, Senior Counsel, Chairman & Senior Partner of Wong Partnership LLP, Singapore

Practice notes
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On 22 August 2023, SIAC announced the public consultation of the Draft 7th Edition of the SIAC rules. The draft of the SIAC Rules, 7th Edition can be accessed here.

This Practice Note considers the position of multiple contracts, joinder and consolidation under the arbitration rules of the singapore international arbitration centre (SIAC) (6th edition) 2016 (2016 SIAC Rules).

The 2016 SIAC Rules apply to arbitrations commenced on or after 1 August 2016, unless the parties have agreed otherwise.

SIAC's multi-party and multi-contract rules

The 2016 SIAC Rules included detailed provisions in respect of the following:

  1. •

    multiple contracts (2016 SIAC Rules, r 6)

  2. •

    joinder (2016 SIAC Rules, r 7), and

  3. •

    consolidation (2016 SIAC Rules, r 8)

In this regard, SIAC follows other international arbitral institutions which have made similar provisions in their rules (see examples below) reflecting the types of disputes being arbitrated today.

Multiple contracts

SIAC has introduced a streamlined process for parties to consolidate disputes

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Jurisdiction(s):
United Kingdom
Key definition:
Consolidation definition
What does Consolidation mean?

Where a company increases the nominal value of its shares and reduces the number of shares in issue by consolidating holdings. For example, five 5p shares might be consolidated into one 25p share.

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