Can I enforce a Singapore arbitration award against [company removed]’s assets in Thailand?
Lawyer Answers
Thai Law Consult
Ascendance International Consulting (A-I-C)
for reaching out. I can outline the general process for recognizing and enforcing your Singapore arbitration award in Thailand, where the debtor holds assets.
The process is handled through the Central Commercial Court under the Thai Arbitration Act.
The Process: To proceed, we would file an application with the court accompanied by:
The original arbitration award (or a certified copy).
The original arbitration agreement (or a certified copy).
Certified Thai translations of both documents.
Evidence that the award is final and binding (this may include a certificate of enforceability from the Singapore courts if required).
Proof that the opposing party was properly served, or serve them if needed.
The court will then review the application and it will issue an order recognizing and enforcing the award.
The recognition phase typically takes a few months if uncontested. Once the court grants the enforcement order, you have up to 10 years to execute the judgment against the debtor's assets in Bangkok (such as their bank accounts and equipment).
Given the specific procedural requirements and the need for certified translations and local court filings, this process requires representation by a qualified Thai attorney specializing in international arbitration.
Please let me know if you would like to initiate this process for you, or if you have any further questions regarding the strategy.
Best regards,
Ascendance International Consulting
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