What about the costs of Arbitration; who has to pay and to what extent ?

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Unless otherwise agreed by the parties, the cost of Arbitration shall be fixed by the arbitrator. The Arbitrator shall specify the party entitled to cost, the party who shall pay the cost the amount of cost or method of determining that amount and the manner in which the cost shall be paid. Cost means reasonable… Read more »

When does the Arbitration proceeding terminate ?

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By the final award or when the claimant withdraws his claim, or when the parties agree on the termination of the proceedings or when the Arbitrator finds that the continuation of the proceedings has for any other reason become unnecessary or impossible.(Section 32).

What is the legal consequences which follow the making of the award ?

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The award shall be final and binding on the parties and person claming under them and where the time for making a application to set aside the award under Section 34 has expired or such application having been made, it has been refused, the award shall be in forced under the Court of civil procedure,… Read more »

Can the party aggrieved make an application for setting aside an award .

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Yes, but the grounds are extremely limited. The party making the application if it furnishes prove that a party was under some incapacity, or that the arbitration agreement is not valid under the Law or that the party making the application was not given proper notice of the appointment of the Arbitrator or of the… Read more »

Is there any other alternative to uphold the award, after the making of the application for setting aside the same and before decision thereon by the Court ?

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Yes, on receipt on an application for setting aside the award the Court may where it is appropriate and it is so requested by a party, adjourned the proceeding for a period of time determine by it, in order to give the Arbitrator an opportunity to resume the proceedings or to take such other action… Read more »

In what cases a party can go in appeal from an order of the Court?

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An appeal shall lie from the following orders (and from no others) to the Court authorized by Law to hear appeals from original decrease of the Court passing the order namely:- (a) Granting or refusing to grant any measure under Section 9. (b) Setting aside or refusing to set aside an award under Section 34…. Read more »

Can the Arbitrator Tribunal ask for deposit on account of cost ?

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Yes, it can do so and fix the amount of the deposit or supplementary deposit as the case may be, as an advanced for the cost and in a case where there is a counter claim it may fix separate amount of deposit for the counter claim. The deposit shall be payable in equal share… Read more »

Does the Arbitrator have lien on the award and deposit as to costs ?

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Unless otherwise agreed the Arbitrator shall have a lien on the award for any unpaid costs of the Arbitration. If in any case the Arbitrator refuses to deliver its award except on payment of the costs, demand by it, the Court may, on an application in this behalf, order that the Arbitrator shall deliver the… Read more »