Source: www.arbitrationindia.org
Contact:
IIAM Administrative Office - Bangalore
Indian Institute of Arbitration & Mediation,
64/64, 10th Mile, Old Madras Road,
Virgonagar Post, Bangalore - 560 049, INDIA.
info@arbitrationindia.com
IIAM Kerala Chapter & ADR Centre (HO)
Indian Institute of Arbitration & Mediation,
G-209, Main Avenue, Panampilly Nagar,
Cochin - 682 036, Kerala, INDIA.
Telephone: 91-484-6570101 / 6570102
cochin@arbitrationindia.com
IIAM Delhi Chapter
Indian Institute of Arbitration & Mediation,
F-41, Pankaj Grand Plaza, Near Alchon International,
Mayur Vihar - Phase I, New Delhi - 110 091, INDIA.
delhi@arbitrationindia.com
The Indian Institute of Arbitration & Mediation (IIAM) is providing alternative dispute resolution services. Services available through IIAM include negotiation, mediation, conciliation, arbitration, settlement conferences etc.
IIAM Arbitration Fee Schedule
Filing Fees
|
Claim
|
Rs. 5000/-
|
|
Counter-Claim
|
Rs. 3000/-
|
|
Cross-Claim
|
Rs. 3000/-
|
|
Third-party Claim
|
Rs. 3000/-
|
|
Additional Claim
|
Rs. 3000/-
|
Appointing Authority Fees
|
Sole or Presiding Arbitrator
|
Rs. 5000/-
|
|
Replacement Arbitrator
|
Rs. 2500/-
|
Request Fees
|
Request for Amendment
|
Rs. 750/-
|
|
Request for Time Waiver
|
Rs. 1000/-
|
|
Request for Interim Measures
|
Rs. 1000/-
|
|
Request for other Orders / Directions
|
Rs. 750/-
|
Case Service Fees
|
Arbitration with Sole Arbitrator
|
Rs. 2000/-
|
|
Arbitration with three arbitrators
|
Rs. 5000/-
|
Miscellaneous Service charges
|
Transcriptts of depositions & documents:
|
|
|
Ordinary
Ready within the same day
|
Rs. 15/- per page
Rs. 30/- per page
|
|
Stenographer
|
Rs. 75/- per hour
|
|
Floppy/CD containing transcripttion
|
Rs. 150/- per Floppy/CD
|
|
Audio recording of depositions
|
Rs. 500/- per Witness
Rs. 50/- per cassette
|
|
Rent for hearing room
|
Actuals as incurred
|
|
Rent for IIAM Conference room
|
Rs. 550/- below 1 hour
Rs. 850/- up to 3 hours
Rs. 1250/- up to 6 hours
or as fixed by IIAM
|
Scrutiny Fees
|
For claims more than Rs. 50 lakhs
|
Rs. 15,000/-
|
|
For claims less than Rs. 50 lakhs
|
Rs. 10,000/-
|
Staff over time
Beyond 6.00 pm Mon - Fri, beyond 2.00 pm Saturdays and during Sundays and Public holidays:
Rs. 50/- below 1 hour
Rs. 100/- up to 3 hours
Rs. 175/- up to 6 hours
Arbitral Tribunal’s fees:
Sole Arbitrator
|
Amount in dispute
(in rupees)
|
Amount of fee
(in rupees)
|
|
|
Minimum Maximum
|
|
From 3,00,000 to 5,00,000
|
10,000 plus 3.5% 18,000 plus 6%
of the amount by which the total amount in
dispute exceeds 3,00,000
|
|
From 5,00,001 to 50,00,000
|
17,000 plus 3% 30,000 plus 5%
of the amount by which the total amount in
dispute exceeds 5,00,000
|
|
From 50,00,001 to 100,00,000
|
1,52,000 plus 1.5% 2,55,000 plus 2.5%
of the amount by which the total amount in
dispute exceeds 50,00,000
|
|
From 100,00,001 to 500,00,000
|
2,27,000 plus 0.5% 3,80,000 plus 0.5%
of the amount by which the total amount in
dispute exceeds 100,00,000
|
|
More than 500,00,000
|
4,27,000 plus 0.15% 5,80,000 plus 0.15%
of the amount by which the total amount in
dispute exceeds 500,00,000
|
|
Or as decided by IIAM based on the facts of the case
|
|
Dispute which cannot be quantified
|
Amount of fee
(in rupees)
|
|
|
Minimum Maximum
|
|
|
10,000 100,000
|
|
Or as decided by IIAM based on the facts of the case
|
Three Arbitrators
|
Amount in dispute
(in rupees)
|
Amount of fee for each Arbitrator
(in rupees)
|
|
|
Minimum Maximum
|
|
From 3,00,000 to 5,00,000
|
7,500 plus 2.5% 12,000 plus 4%
of the amount by which the total amount in
dispute exceeds 3,00,000
|
|
From 5,00,001 to 50,00,000
|
12,500 plus 2% 20,000 plus 3%
of the amount by which the total amount in
dispute exceeds 5,00,000
|
|
From 50,00,001 to 100,00,000
|
1,02,500 plus 1% 1,55,000 plus 1.5%
of the amount by which the total amount in
dispute exceeds 50,00,000
|
|
From 100,00,001 to 500,00,000
|
1,52,500 plus 0.25% 2,30,000 plus 0.25%
of the amount by which the total amount in
dispute exceeds 100,00,000
|
|
More than 500,00,000
|
2,52,500 plus 0.075% 3,30,000 plus 0.075%
of the amount by which the total amount in
dispute exceeds 500,00,000
|
|
Or as decided by IIAM based on the facts of the case
|
|
Dispute which cannot be quantified
|
Amount of fee
(in rupees)
|
|
|
Minimum Maximum
|
|
|
7000 70,000
|
|
Or as decided by IIAM based on the facts of the case
|
IIAM administrative fees
|
Amount in dispute
(in rupees)
|
Administrative fee
(in rupees)
|
|
From 3,00,000 to 5,00,000
|
10,000 plus 2% of the amount by which the total amount in dispute exceeds 3,00,000
|
|
From 5,00,001 to 50,00,000
|
14,000 plus 1.5% of the amount by which the total amount in dispute exceeds 5,00,000
|
|
From 50,00,001 to 100,00,000
|
81,500 plus 0.75% of the amount by which the total amount in dispute exceeds 50,00,000
|
|
From 100,00,001 to 500,00,000
|
1,19,000 plus 0.5% of the amount by which the total amount in dispute exceeds 100,00,000
|
|
More than 500,00,000
|
3,19,000 plus 0.15% of the amount by which the total amount in dispute exceeds 500,00,000
|
|
Or as decided by IIAM based on the facts of the case
|
|
Dispute which cannot be quantified
|
Amount of fee
(in rupees)
|
|
|
Minimum Maximum
|
|
|
10,000 100,000
|
|
Or as decided by IIAM based on the facts of the case
|
