Section
39-
Lien on arbitral award and deposits as to costs
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Subject to the provisions of sub-section (2) and to any provision to the contrary in the arbitration agreement the arbitral tribunal shall have a lien on the arbitral award for any unpaid costs of the arbitration.
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If in any case an arbitral tribunal refuses to deliver its award except on payment of the costs demanded by it the court may on an application in this behalf order that the arbitral tribunal shall deliver the arbitral award to the applicant on payment into court by the applicant of the costs demanded and shall after such inquiry if any as it thinks fit further order that out of the money so paid into court there shall be paid to the arbitral tribunal by way of the costs such sum as the court may consider reasonable and that the balance of the money if any shall be refunded to the applicant.
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An application under sub-section (2) may be made by any party unless the fees demanded have been fixed by written agreement between him and the arbitral tribunal and the arbitral tribunal shall be entitled to appear and be heard on any such application.
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The court may make such orders as it thinks fit respecting the costs of the arbitration where any question arises respecting such costs and the arbitral award contains no sufficient provision concerning them.
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The Arbitration and Conciliation Act, 1996
Judgement(s) Found in :
The Arbitration and Conciliation Act, 1996
Section 39