Business Law Deneme Sınavı Sorusu #747751
The arbitral tribunal shall state the costs of arbitration in its arbitral award. Which of the following is not one of those costs?
The fees of the arbitrators |
Both parties' attorney fees |
The fees paid to the experts |
The witnesses’ travel and other expenses |
The arbitrators’ travel and other expenses |
The arbitral tribunal shall state the costs of arbitration in its arbitral award. The costs comprise of:
1. the fees of the arbitrators;
2. the arbitrators’ travel and other expenses;
3. the fees paid to the experts, and to the other persons whose assistance is sought
who are, collectively, appointed by the arbitral tribunal, and the costs for the site inspection;
4. the witnesses’ travel and other expenses to the extent approved by the arbitral tribunal;
5. if he/she is represented by a lawyer, the successful party’s attorney fees;
6. the charges to be made for the applications, when necessary, to the courts;
7. the notification expenses with respect to the arbitral proceedings (Article 16B).
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