Schedule of Fees
This schedule of fee is effective from 1 April, 2017 and is applicable to all arbitrations/appeal to second arbitration commenced on or after 1 April, 2017. This Schedule of Fee may be amended from time to time and any revised Schedule of Fee shall take effect as of the date determined by the Board.
Registration, Administrative and Arbitrator fee
Schedule of fee below applies to all arbitrations and appeal to second arbitration administered by National Arbitral Tribunal. Administrative and Arbitrator fee will be calculated in accordance with the Schedule-I of National Arbitral Tribunal Procedural Rules, 2017.
Schedule - I
|SUM IN DISPUTE / CIAIM SIZE||Registration Fees||Arbitrator and Administrative fees|
|Upto Rs. 1,00,000||Rs. 5,500||Rs. 25,000|
|Above Rs. 1,00,000 and up to Rs. 3,00,000||Rs. 6,500||Rs. 25,000 plus 5.5 percent of the amount claimed over and above Rs. 1,00,000|
|Above Rs. 3,00,000 and up to Rs. 5,00,000||Rs. 7,500||Rs. 36,000 plus 4.5 percent of the amount claimed over and above Rs. 3,00,000|
|Above Rs. 5,00,000 and up to Rs. 20,00,000||Rs. 12,500||Rs. 45,000 plus 3.5 percent of the amount claimed over and above Rs. 5,00,000|
|Above Rs. 20,00,000 and up to Rs. 1,00,00,000||Rs. 25,000||Rs. 97,500 plus 3 percent of the claimed amount over and above Rs. 20,00,000|
|Above Rs. 1,00,00,000 and up to Rs. 10,00,00,000||Rs. 50,000||Rs. 3, 37,500 plus 1 percent of the claimed amount over and above Rs. 1,00,00,000|
|Above Rs. 10,00,00,000 and up to Rs. 20,00,00,000||Rs. 75,000||Rs. 12, 37,500 plus 0.75 percent of the claimed amount over and above Rs. 10,00,00,000|
|Above Rs. 20,00,00,000||Rs. 1,00,000||Rs. 19, 87,500 plus 0.5 percent of the claimed amount over and above Rs. 20,00,00,000 with a ceiling of Rs. 30,00,000.|
Note 1 : The arbitrator shall be entitled to an additional amount of 25% on the fee payable as mentioned above.
Note 2 : Where the dispute cannot be expressed in terms of money, the Registrar shall determine the amount of fee in such case.
Note 3 : In exceptional cases, the rates may be higher or lower, in peculiar circumstances director may in fit case provide free legal aid.
Note 4 : The rates quote may be revised from time to time, by the Board.
The Above Fee Schedule does not include the Following :-
- Usage cost of facilities and support services for and in connection with any hearing. (e.g. Printing, photocopying, postage, equipment charges, transcription and interpretation services, expert's fee, receiver/ commissioner fee etc.)
- Where the facilities are provided in a place other than in National Arbitral Tribunal offices, the charges will be determined in each case and billed separately on actual bases.
- Out of pocket expenses.
- Taxes as applicable.
- Requisite stamp duty.