law: The Arbitration and Conciliation Act, 1996
  Chapter X
  
  Miscellaneous
  38. Deposits.
  1.  
  
    The
  
  arbitral tribunal may fix the amount of the deposit or supplementary deposit,
  
  as the case way be, as an advance for the costs referred to in sub-section (8)
  
  of section 31, which it expects will be incurred in respect of the claim
  
  submitted to it. Provided that where, apart from the claim, a counter-claim has
  
  been submitted to the arbitral tribunal, it may fix separate amount of deposit
  
  for the claim and counterclaim.
  2.  
  
    The
  
  deposit referred to in sub-section (1) shall be payable in equal shares by the
  
  parties: Provided that where one party fails to pay his sham of the deposit,
  
  the other patty may pay that share: Provided further that where the other party
  
  also does not pay the aforesaid share in respect of the claim or the
  
  counter-claim, the arbitral tribunal may suspend or terminate the arbitral
  
  proceedings in respect of such claim or counter-claim, as the case may be.
  3.  
  
    Upon
  
  termination of the arbitral proceedings, the arbitral tribunal shall render an
  
  accounting to the parties of the deposits received and shall return any
  
  unexpended balance to the party or parties, as the case may be.