(1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Act.
(2) Every rule made by the Central Government under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.
Legal Commentary & Landmark Judgments: Section 84
Section 84 of the Arbitration and Conciliation Act, 1996 empowers the Central Government to make rules for carrying out the provisions of the Act, including the Arbitration Council of India rules and institutional norms.
Check the central rules framed under Section 84, especially the model Fourth Schedule fee rules, to verify that the arbitral tribunal's fee demands conform to statutory caps.