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Copyright © International Chamber of Commerce (ICC). All rights reserved. ( Source of the document: ICC Digital Library )
Date: Procedural Order, 2015
Origin of the parties: Middle East
Place of arbitration: Country in the Middle East
On the Claimant's application for Security for Costs against the First Respondent made on 2 April [Year Y]; and
After giving directions for the exchange of written submissions;
And having received written submissions dated 16 April [Year Y] from the First Respondent, together with a copy of the First Respondent's renewed trade licence received on 19 April [Year Y];
And having received written submissions dated 21 April [Year Y] from the Claimant;
And having considered the application and those written submissions;
It Is Ordered That:
The Claimant 's application for Security for Costs is dismissed.
The Application
The First Respondent’s Response to the application
The Claimants’ Reply
Decision
Unless the parties have otherwise agreed, as soon as the file has been transmitted to it, the arbitral tribunal may, at the request of a party, order any interim or conservatory measure it deems appropriate. The arbitral tribunal may make the granting of any such measure subject to appropriate security being furnished by the requesting party. Any such measure shall take the form of an order, giving reasons, or of an award, as the arbitral institution considers appropriate.