Bare Acts  | Legal Resources  | Lawyer Locater  | Articles  | Legal Dictionary  | Download Ticker  | Subscription  | Latest Judgement   Home   |   E-Journal  |  Sign-In  | Contact Us  | Disclaimers

Supreme Court of India
 Search Tips
Arbitration Law
Bare Acts
The Arbitration and Conciliation Act, 1996
Section 51-THE THIRD SCHEDULE
Section 51
Section 52
Section 53
Section 54
Section 55
Section 56
Section 57
Section 58
Section 59
Section 60
Section 61
Section 62
Section 63
Section 64
Section 65
Section 66
Section 67
Section 68
Section 69
Section 70
Section 71
Section 72
Section 73
Section 74
Section 75
Section 76
Section 77
Section 78
Section 79
Section 80
Section 81
Section 82
Section 83
Section 84
Section 85
Section 86
Section THE FIRST SCHEDULE
Section THE SECOND SCHEDULE
Section THE THIRD SCHEDULE
Section 78- Costs

Upon termination of the conciliation proceedings the conciliator shall fix the costs of the conciliation and give written notice thereof to the parties.
For the purpose of sub-section (1) costs means reasonable costs relating to -

(a) the fee and expenses of the conciliator and witnesses requested by the conciliator with the consent of the parties.
(b) any expert advice requested by the conciliator with the consent of the parties;
(c) any assistance provided pursuant to clause (b) of sub-section (2) of section 64 and section 68;
(d) any other expenses incurred in connection with the conciliation proceedings and the settlement agreement.
The costs shall be borne equally by the parties unless the settlement agreement provides for a different apportionment. All other expenses incurred by a party shall be borne by that party.
@2014 Indian Law

Our Ventures