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The arbitral tribunal may fix the amount of the deposit or supplementary deposit, as an advance for the costs. What are the rules relating to such deposit:
Where one party fails to pay his share of the deposit, the other party may pay that share.
Where the other party also does not pay the aforesaid share in respect of the claim or the counter-claim, the arbitral tribunal may suspend or terminate the arbitral proceedings in respect of such claim or counter-claim, as the case may be.
The deposit shall be payable in equal shares by the parties.
All of the above.
By: santosh ProfileResourcesReport error
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