(1) Ifa party fails to appear or to present its case at any stage ofthe proceeding, the other party may request the Tribunal to deal with the questions submitted to it and to render an award.
(2) Whenever such a request is made by a party the Tribunal shall promptly notify the defaulting party thereof.Unless the Tribunal is sat- isfied that that party does not intend to appear or to present its case in the proceeding,it shall,at the same time,grant a period ofgrace and to this end:
a)
ifthat party had failed to file a pleading or any other instru- ment within the time limit fixed therefor, fix a new time limit for its filing;or
b)
if that party had failed to appear or present its case at a hearing,fix a new date for the hearing.
The period of grace shall not, without the consent of the other party,exceed 60 days.
(3) After the expiration of the period of grace or when, in accor- dance with
,no such period is granted,the Tribunal shall examine whether the dispute is within its jurisdiction and, if it is satisfied as to its jurisdiction, decide whether the submis- sions made are well-founded in fact and in law.To this end,it may,at any stage of the proceeding,call on the party appearing to file observa- tions,produce evidence or submit oral explanations.