Law · Arbitration and Conciliation Act
Under Section 38 of the Arbitration and Conciliation Act, 1996, which of the following rules applies to the advance deposits fixed by the arbitral tribunal for costs?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All of the above✓
- 2If the other party also does not pay the aforesaid share, the tribunal may suspend or terminate the proceedings in respect of such claim or counter-claim.
- 3Where one party fails to pay their share of the deposit, the other party may pay that share.
- 4The deposit shall be payable in equal shares by the parties.
Correct answer
All of the above
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