Section 78: Deposits

Q: What does Section 78 of Arbitration and Conciliation Act, 1996 (A&C Act) deal with?

Section 78 A&C Act pertains to "Deposits". It is part of the Arbitration and Conciliation Act, 1996, a legislation enacted by the Parliament of India. Section 78 of the Arbitration and Conciliation Act, 1996 (A&C Act) governs deposits.

Q: Is Section 78 A&C Act still in force?

Yes, Section 78 of the Arbitration and Conciliation Act, 1996 is currently in force across the Republic of India.

Q: What is धारा 78 A&C Act?

धारा 78 A&C Act is the Devanagari Hindi reference for Section 78 of the Arbitration and Conciliation Act, 1996. Section 78 of the Arbitration and Conciliation Act, 1996 (A&C Act) governs deposits.

Q: What is Dhara 78 A&C Act?

Dhara 78 A&C Act is the Roman Hindi reference for Section 78 of the Arbitration and Conciliation Act, 1996. "Dhara" means "Section" in Hindi. Section 78 of the Arbitration and Conciliation Act, 1996 (A&C Act) governs deposits.

Q: How to cite Section 78 of Arbitration and Conciliation Act, 1996?

Cite as: "Section 78, Arbitration and Conciliation Act, 1996 (A&C Act)" in legal briefs. For academic writing, use the BlueBook format: Arbitration and Conciliation Act, 1996, 1996, § 78 (India).

Law on Tips Editorial Board

The conciliator may direct each party to deposit an equal amount as an advance for the costs referred to in sub-section (1) of section 77.
During the course of the conciliation proceedings, the conciliator may direct supplementary deposits in an equal amount from each party.
If the required deposits under sub-sections (1) and (2) are not paid in full by both parties within thirty days, the conciliator may suspend the proceedings or may make a written declaration of termination of the proceedings to the parties, effective on the date of that declaration.
Upon termination of the conciliation proceedings, the conciliator shall render an accounting to the parties of the deposits received and shall return any unexpended balance to the parties.

The conciliator may direct each party to deposit an equal amount as an advance for the costs referred to in sub-section (1) of section 77.
During the course of the conciliation proceedings, the conciliator may direct supplementary deposits in an equal amount from each party.
If the required deposits under sub-sections (1) and (2) are not paid in full by both parties within thirty days, the conciliator may suspend the proceedings or may make a written declaration of termination of the proceedings to the parties, effective on the date of that declaration.
Upon termination of the conciliation proceedings, the conciliator shall render an accounting to the parties of the deposits received and shall return any unexpended balance to the parties.