Cost and Fees
Cost and Fees
Cost and Fees
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DISCRETION OF ARBITRAL<br />
TRIBUNAL<br />
Arbitral tribunal has discretion to<br />
order costs + interest (award interest<br />
<strong>and</strong> determined the rate of interest )<br />
It has to be exercised judiciously<br />
The arbitral tribunal must state<br />
reasons for awarding the costs