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Bare acts > Arbitration and Conciliation Act, 1996 > Section 78
 
 
 
  

78. Costs.- (1) Upon termination of the conciliation proceedings, the conciliator shall fix the costs of the conciliation and give written notice thereof to the parties.


(2) 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 (he conciliator with the consent of (he 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.

(3) 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.

 
 

 

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