Arbitration21 Jul 2025 07:46
Based on typical SIAC (Singapore International Arbitration Centre) rules — likely applicable because Semnet is Singapore-based — here's a step-by-step guide, complete with estimated durations and key milestones :
1. **Initiation Phase (1–3 months)**
Arbitration commenced on 18 July 2025.
Next steps include appointing the arbitrator(s), agreeing on procedural rules, and exchanging initial pleadings.
2. **Pre-hearing Phase (3–9 months)**
Involves evidence gathering, document exchange, witness statements, and possibly preliminary hearings.
Given GST’s financial-loss claim tied to non-compete breaches, expect detailed discovery and possibly expert witness involvement.
3. **Hearing Phase (1–3 months)**
Scheduled hearings (possibly over several sessions) where both sides present evidence and arguments.
Could be tightly scheduled if streamlined procedures are used.
4. **Award Stage (1–3 months post-hearing)**
Under SIAC rules, the award is usually issued within 6 months after the hearings conclude .