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Fee Schedule |
Domestic Arbitration/Mediation/Conciliation |
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Registration Fee |
For contracts below and equal to Rs. 2,00,000/- | Rs. 200/ per contract |
For contracts above Rs. 2,00,000/- to Rs. 5,00,000/- | Rs. 500/ per contract |
For contracts above Rs. 5,00,000/- | Rs. 1000/ per contract |
For contracts where the contract cannot be expressed in money value | Rs. 1000/- per contract |
Where the monetary value of the contract amount cannot be ascertained | Rs. 1000/- per contract |
(The Registration amount to be paid equally by each contracting party, or by any one of the party, or as mutually agreed by the contracting parties.)
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Administrative Charges |
In case of a dispute, the administrative charges will be as under: |
For disputes below or equal to Rs. 25 lacs | Rs. 5,000/- |
For disputes above 25 lacs | Rs. 10,000/- |
(This amount is to be paid equally by each contracting party or by referring party, or as mutually agreed by the contracting parties.)
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Charges for Arbitration |
In addition to the above, the charges for Arbitration per Arbitrator shall be as under: |
For disputes below or equal to Rs. 50,000 | Rs. 5000/- + Rs. 750/- per hearing |
For disputes from Rs. 50,001 to Rs. 5,00,000 | Rs. 7500/- + Rs. 1000/- per hearing |
For disputes from Rs. 5,00,001 and above | Rs. 10,000/- + 1% of the amount by which the total amount in dispute exceeds Rs. 5,00,000 subject to a maximum of Rs. 75,000/- + Rs. 1500/- per hearing
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