Award

(1) The Tribunal shall, after recording the evidence, if necessary, and after perusing the material on record and after giving the parties an opportunity to present their arguments, give its award: Provided that the Tribunal shall give reasons in brief for the award, which includes an interim award. (2) The Tribunal shall, as far as possible, deliver its award within four months from the date of service of the notice of the reference to the opposite party. (3) The Tribunal may award costs and interest at such rate as it deems reasonable. (4) The award shall be in accordance with the opinion of the majority of the members. If there is a difference of opinion between the members of the bench on any question, then that question shall, if there is a majority, be decided in accordance with the opinion of the majority of the members, but if the members are equally divided, then that question or questions on which there is a difference of opinion, shall be referred for the direction of the case for hearing on such question or questions by one or more other members of the Tribunal or by the Chairman himself, as the case may be, and then such question or questions shall be decided in accordance with the opinion of the majority of the members of the Tribunal who have heard this case, which includes those members who have heard it earlier. (5) The relief granted, the party in whose favour and against whom the relief is granted, and the person by whom and in whose favour the costs and interest, if any, are payable, shall be clearly described in the award. (6) Copies of the award, certified by the signature of such officer of the Tribunal as may be authorised by the Chairman in this behalf and by affixing its seal, shall be given to all parties.