Arbitration Domestic
1. REGISTRATION CHARGES
Filing Fee: Rs. 10,000 for two parties+ 3000 additional party
Consultation / Orientation Fee (If availed): Rs. 3000
2. ARBITRATOR FEE
For Arbitrators who follow VIA Fee Schedule ( Expert and Principal Panel)
| SI No. | QUANTUM OF CLAIM ( In Indian Rupees ) |
ARBITRATOR FEE (Principal Panel) (In Indian Rupees per arbitrator) |
ARBITRATOR FEE (Expert Panel) (In Indian Rupees per arbitrator) |
|---|---|---|---|
| 1 | Upto 5,00,000 | 30,000 | X + 30% of X |
| 2 | 5,00,001 to 25,00,000 | 30,000+ 1500 per lakh or part thereof, exceeding 5,00,000 | X + 30% of X |
| 3 | 25,00,001 to 1,00,00,000 | 60,000 + 1200 per lakh or part thereof, exceeding 25,00,000 | X + 30% of X |
| 4 | 1,00,00,001 to 5,00,00,000 | 1,50,000 + 20,000 per crore or part thereof, exceeding 1,00,00,000 | X + 30% of X |
| 5 | 5,00,00,001 to 10,00,00,000 | 2,10,000 + 15,000 per crore or part thereof, exceeding 5,00,00,000 | X + 30% of X |
| 6 | Exceeds 10,00,00,000 | 2,85,000 + 10,000 per crore or part thereof, exceeding 10,00,00,000, subject to an aggregate limit of Rs. 10,00,000 |
X + 30% of X |
Note: For Judicial Panel arbitrators, the arbitrators shall have the sole and unfettered discretion to decide upon the fees to be charged.
3. ADMINISTRATIVE FEE
(For Arbitrators who follow VIA Fee Schedule)
| SI No. | QUANTUM OF CLAIM ( In Indian Rupees ) |
ADMINISTRATIVE FEE ( In Indian Rupees ) |
|---|---|---|
| 1 | Up to 5,00,000 | 15,000.00 |
| 2 | 5,00,001 to 25,00,000 | 15,000.00 Plus 1250.00 per one lakh or part thereof, exceeding 5,00,000 |
| 3 | 25,00,001 to 1,00,00,000 | 40,000.00 Plus 750.00 per one lakh or part thereof, exceeding 25,00,000 |
| 4 | 1,00,00,001 to 10,00,00,000 | 96,250.00 Plus 200 per one lakh or part thereof, exceeding 1,00,00,000 |
| 5 | 10,00,00,001 to 25,00,00,000 | 2,76,250.00 Plus 125.00 per one lakh or part thereof , exceeding 10,00,00,000 |
| 6 | More than 25,00,00,000 | 4,63,475.00 Plus 750.00 per one lakh or part thereof with a ceiling of 10,00,000.00 |
| * For disputes where claim cannot be quantified or ascertained, the fee shall be finalised by VIA, on the basis of facts. | ||
An additional 30% administrative fee is applicable for Non-Members.
4. ADDITIONAL FEES FOR THE ARBITRAL TRIBUNAL:
(Per Arbitrator)
Interpretation, correction or additional Award
| Up to Rs. 25,00,000.00 | Rs. 10,000.00 |
| From Rs. 25,00,001.00 to Rs. 1,00,00,000.00 | Rs. 25,000.00 |
| More than Rs. 1,00,00,000.00 | Rs. 50,000.00 |
Scrutiny Fees: (Per Member)
| Up to Rs. 25,00,000.00 | Rs. 10,000.00 |
| From Rs. 25,00,001.00 to Rs. 1,00,00,000.00 | Rs. 25,000.00 |
| More than Rs. 1,00,00,000.00 | Rs. 50,000.00 |
5. TRAVEL, BOARDING & LODGING CHARGES
Local Sitting : Travelling allowance of Rs. 1000 per sitting
Outstation Sitting : Actuals by Air, Rail or Car, plus out-of-pocket expenses at actuals for boarding, lodging and local transport subject to maximum of Rs 10,000.00 per day in Metropolitan cities and Rs. 7,500.00 per day in other cities. An arbitrator who makes his own arrangements for boarding, lodging, local transport etc. may be paid out of pocket expenses at the rate of Rs 5000.00 per day, without production of vouchers.
6. CHARGES FOR FACILITIES
i. Venue Charges: 5,000 per day i.e. from 9 a.m. to 6 p.m.
ii. Wi-FI Charges: Rs. 500 for two hours
iii. Documentation Camera charges: Rs. 500 for two hours
iv. Stenographic service charges (optional): Rs. 1,000
FEE PAYMENT SCHEDULE
Registration Charges
- Filing fee to be paid by the Claimant on filing of Notice of Arbitration.
- Consultation/Orientation fee (if availed) to be paid by the Party at the time of taking appointment.
- Application filing fee to be paid by the party making the application.
- Arbitral Tribunal & Administrative Fee
- 25% To be deposited by the Claimant at the time of filing the Claim statement.
- 25% To be deposited by the respondent at the time of filing the Response or Statement of Defense.
- 30% To be deposited by the Parties [Claimant and Respondent(s)] equally within 10 days of the completion of pleadings.
- 20% To be deposited by the Parties [Claimant and Respondent(s)] equally before the hearing date.
- Balance To be deposited by the Parties [Claimant and Respondent(s)] within 10 days after the matter is reserved for award.