The defaulting party shall bear the expense related to the settlement by arbitration court and implementation its decisions.
违约的一方应承担法院仲裁决定的赔偿费用,并执行法院的判决。
When a settlement agreement is reached by conciliation, the arbitration tribunal shall prepare the conciliation statement or the award on the basis of the results of the settlement agreement.
调解达成协议的,仲裁庭应当制作调解书或者根据协议的结果制作裁决书。
An arbitration agreement means an arbitration clause in a contract concluded between the parties or any other form of written agreement providing for the settlement of disputes by arbitration.
仲裁协议系指当事人在合同中订明的仲裁条款,或者以其他方式达成的提交仲裁的书面协议。
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