IIAM ADR

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IIAM Fee Schedule


    Mediation Fee

    Negotiation Fee

    
Small Cause Arbitration Fee

   
Arbitration Fee

    Service Fee

 
IIAM Arbitration Fee Schedule
 
Filing Fee

Rs. 5000/-

Miscellaneous Charges

Transcripts of depositions & documents:
            Ordinary
            Ready within the same day


Rs. 15/- per page
Rs. 30/- per page

Floppy/CD containing transcription

Rs. 150/- per Floppy/CD

Audio recording of depositions

Rs. 500/- per Witness
Rs. 50/- per cassette

Stenographer

Rs. 100/- per hour

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

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

Travel, Boarding & Lodging for Arbitrators

Sitting in the place of residence - Rs. 750/- for each sitting
Sitting other than in the place of residence - Actuals by Air, Rail or Car, plus out-of-pocket expenses at actuals for boarding, lodging and local transport subject to maximum of Rs. 6,000/- per day in metropolitan towns, Rs.3,000/- in class A cities and Rs. 2,000/- 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.1,000/ - per day, without production of vouchers.

Scrutiny Fee

For claims more than Rs. 50 lakhs

Rs. 15,000/-

For claims less than Rs. 50 lakhs

Rs. 10,000/-

Arbitral Tribunal’s Fee
(Per Arbitrator)

Amount in dispute
(in rupees)

Amount of fee
(in rupees)

 

Minimum                       Maximum

From 5,00,000 to 25,00,000

30,000 plus 2000            37,500 plus 2500
per one lakh or any part thereof

From 25,00,000 to 50,00,000

70,000 plus 1500            87,500 plus 1875
per one lakh or any part thereof

From 50,00,000 to 100,00,000

1,07,500 plus 1200         1,34,375 plus 1500
per one lakh or any part thereof

From 100,00,000 to 500,00,000

1,67,500 plus 25,000      2,09,375 plus 31,250
per one crore or any part thereof

More than 500,00,000

2,67,500 plus 17,500      3,34,375 plus 21,875
per one crore or any part thereof

Or as decided by IIAM based on the facts of the case

Dispute which cannot be quantified

Amount of fee
(in rupees)

 

Minimum                        Maximum

 

25,000                           2,00,000

Or as decided by IIAM based on the facts of the case

IIAM Administrative Fee

Amount in dispute
(in rupees)

Administrative fee
(in rupees)

From 5,00,000 to 25,00,000

15,000 plus 1000
per one lakh or any part thereof

From 25,00,000 to 50,00,000

35,000 plus 750
per one lakh or any part thereof

From 50,00,000 to 100,00,000

53,750 plus 600
per one lakh or any part thereof

From 1,00,00,000 to 5,00,00,000

83,750 plus 12,500
per one crore or any part thereof

More than 5,00,00,000

1,33,750 plus 8750
per one crore or any part thereof

Or as decided by IIAM based on the facts of the case

Dispute which cannot be quantified

Amount of fee
(in rupees)

 

Minimum                     Maximum

 

12,500                        100,000

Or as decided by IIAM based on the facts of the case

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