Fee Schedule
A. Filing Fee
₹ 25,000 (Non-Refundable)
B. Administration Fee
| Sum in Dispute (INR/₹) | Administration Fee |
|---|---|
| Up to 50,000,000 (Up to five crores) | ₹ 1,00,000 |
| 50,000,001 to 100,000,000 (Above five crores to ten crores) | ₹ 1,00,000 plus 0.30% of the amount in excess of 50,000,000 (five crores) |
| 100,000,001 to 500,000,000 (Above ten crores to fifty crores) | ₹ 2,50,000 plus 0.20% of the amount in excess of 100,000,000 (ten crores) |
| 500,000,001 to 1,000,000,000 (Above fifty crores to one hundred crores) | ₹ 10,50,000 plus 0.10% of the amount in excess of 50,000,000 (fifty crores) |
| Above 1,000,000,000 (Above one hundred crores) | ₹ 15,50,000 plus 0.05% of the amount in excess of 1,000,000,000 (one hundred crores) Subject to a maximum of ₹ 20,00,000 |
Notes:
- Administration Fee does not include the charges for facilities and support services in connection with any hearing (e.g. hire charges for hearing rooms, cost of photocopying, telephone, internet services, typing, transcription and translation services etc.) and out of pocket expenses.
- Administration Fee for Emergency Arbitration shall be capped at 10% of fee for the applicable slab in the above Schedule, subject to a minimum of ₹50,000 (Rupees Fifty Thousand) and maximum of ₹1,00,000 (Rupees One Hundred Thousand).
- Taxes will be charged separately, as applicable.
Fee payable to IAMC for appointment/nomination of arbitral Tribunal/members
| Sole Arbitrator | ₹ 50,000 |
| Chairperson | ₹ 50,000 |
| Per Member | ₹ 25,000 |
Note: There will be no separate fee for appointment of Arbitral Tribunal or its members where the arbitration is administered by IAMC.
C. Arbitrator’s Fee Schedule
| Sum in Dispute (INR/₹) | Fee |
|---|---|
| Up to 10,000,000 (Up to one crore) | ₹ 3,95,000 |
| 10,000,001 to 50,000,000 (Above one crore to five crores) | ₹ 3,95,000 + 1.5 % of the amount in excess over 10,000,000 |
| 50,000,001 to 100,000,000 (Above five crores to ten crores) | ₹ 9,75,000 +1.0% of the amount in excess over 50,000,000 |
| 100,000,001 to 500,000,000 (Above ten crores to fifty crores) | ₹ 14,75,000 + 0.50% of the amount in excess of 100,000,000 |
| 500,000,001 to 1,000,000,000 (Above fifty crores to one hundred crores) | ₹ 34,75,000 + 0.30% of the amount in excess over 500,000,000 |
| 1,000,000,001 to 5,000,000,000 (Above one hundred crores to five hundred crores) | ₹ 49,75,000 + 0.20% excess over 1,000,000,000 |
| Over 5,000,000,000 (Above five hundred crores) | ₹ 1,29,75,000 + 0.10% excess over 5,000,000,000 Subject to maximum of ₹ 1,75,00,000 |
Notes:
- The Fee calculated as per above schedule is payable to one arbitrator. In case of three-member Arbitral Tribunal, the Arbitral Tribunal’s fee shall be three times the amount indicated under “Fee” column above. A presiding arbitrator shall be entitled to an additional amount of 10% on the fee payable as per the above.
- Arbitral Tribunal’s Fee for emergency arbitrations shall be capped at 10% of fee for the applicable slab in the above Schedule, subject to a minimum of ₹1,00,000/-(Rupees One Hundred Thousand)) and maximum of ₹ 8,00,000/- (Rupees Eight Hundred Thousand).
- In respect of matters referred to IAMC for arbitration by any High Court under the provisions of the Arbitration & Conciliation Act, 1996, the schedule of fees shall be determined by reference to the Fourth Schedule of Arbitration and Conciliation Act, 1996 unless otherwise directed by the concerned Court.
- Where the hearings involve travel by the arbitrator/s, the expenses for travel, accommodation and out of pocket expenses (actuals) shall be payable in addition to the fees.
- Taxes will be charged separately, as applicable.