Arbitrators fee

1. Arbitrators Fees

1.1. Sole Arbitrator

For arbitration conducted by the sole arbitrator in pursuant to and administrated under the Centre’s guidance, the fee calculated in accordance with the schedule below is the maximum amount of payable to each arbitrator.

Sum in Dispute(Nu.) Sole Arbitrator Fees(Nu.)
Up to 5,00,000 30,000
5,00,001 to 10,00,000 30,000 + 0.85% excess over 5,00,000
10,00,001 to 20,00,000 34,250 +0.60 % excess over 10,00,001
20,00,001 to 50,00,000 40,250 + 0.35% excess over 20,00,000
50,00,001 to 10,000,000 50,750 + 0.20% excess over 50,000,000
10,000,001 to 50,000,000 60,750 + 0.02% excess over 10,000,000
50,000,001 to 80,000,000 68,750+ 0.03% excess over 50,000,000
80,000,001 to 100,000,000 77,750+ 0.045% excess over 80,000,000
Above 100,000,000 86,750+0.03% excess over 100,000,000 up to a ceiling of 1,50,000

1.2. Arbitral Tribunal’s Fees (Each)

For arbitration conducted pursuant to and administrated under the Centre’s guidance, the fee calculated in accordance with the schedule below is the maximum amount of payable to each arbitrator.

Sum in Dispute(Nu.) Arbitrator’s Fees(Nu.)
Up to 5,00,000 15,000
5,00,001 to 10,00,000 15,000 + 0.85% excess over 5,00,000
10,00,001 to 20,00,000 19,250 +0.60 % excess over 10,00,001
20,00,001 to 50,00,000 25,250 + 0.35% excess over 20,00,000
50,00,001 to 10,000,000 35,750 + 0.20% excess over 50,000,000
10,000,001 to 50,000,000 45,750 + 0.02% excess over 10,000,000
50,000,001 to 80,000,000 53,750+ 0.03% excess over 50,000,000
80,000,001 to 100,000,000 62,750+ 0.045% excess over 80,000,000
Above 100,000,000 71,750+0.03% excess over 100,000,000 up to a ceiling of 1,00,000

1.3. Substitution of Arbitrator(s)

The Centre will determine the substitute and substituted arbitrator’s fee as follows:

  • 90 percent to substitute arbitrator 10% to the substituted arbitrator after 1st hearing;
  • 80 percent to substitute arbitrator 20% to the substituted arbitrator after 2nd hearing;
  • 70 percent to substitute arbitrator 30% to the substituted arbitrator after 3rd hearing; and
  • 50 percent to substitute arbitrator 50% to the substituted arbitrator after 4th hearing onwards;

2.  Cost of Arbitration/ Administration fees

The administration fees calculated below shall apply to all arbitrations administered by the Centre and the maximum amount payable to the Centre.

Sum in Dispute (Nu.) Administration Fees (Nu.)
Up to 500,000 15,000
500,001 to 10,00,000 15,000 + 2% excess over 500,000
10,00,001 to 20,00,000 25,000 + 1.5% excess over 10,00,000
20,00,001 to 50,00,000 40,000 + 1% excess over 20,00,000
50,00,001 to 10,000,000 70,000 + 0.5% excess over 50,00,000
10,000,001 to 50,000,000 95,000 + 0.025% excess over 10,000,000
50,000,001 to 80,000,000 105,000 + 0.0125% excess over 50,000,000
80,000,001 to 100,000,000 108,750 + 0.00625% excess over 80,000,000
Above 100,000,000 110,000 + 0.00315% excess over 100,000,000 up to a maximum ceiling of Nu. 1,50,000

3. Negotiated Settlement Administrative Fees

The administration fees of Nu. 3000 shall apply to all negotiation administered by the Centre including dispute filing fee, if the case proceed accordingly.

Download Fee Structure