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This Schedule of Fees is applicable where both the litigating parties are from India and the fee is effective as of 01 August 2021 and is applicable to all arbitrations commenced on or after 01 August 2021. This Schedule of Fees may be amended from time to time and any revised Schedule of Fees shall take effect as of the date determined by the Council.
CASE FILING FEE (NON-REFUNDABLE)
Rs.20000/-*
ADMINISTRATION FEES
The administration fees calculated in accordance with the Schedule below apply to all arbitrations administered by SAIAC and is the maximum amount payable to SAIAC.
|
SUM IN DISPUTE (INR) |
FEE ARBITRATION (INR) |
ADMINISTRATIVE FEE (INR) |
|
Up to 5,00,000 |
45000 |
3000/- Per date of hearing |
|
5,00,001 to 10,00,000 |
45000 Plus 3% of the amount exceeding 5,00,000 |
3000/- Per date of hearing |
|
10,00,001 to 20,00,000 |
60,000 plus 2.75% of the amount exceeding Rs. 10,00,000 |
3000/- per date of hearing |
|
20,00,001 to 50,00,000 |
87,500 plus 2.5% of the amount exceeding |
3000/- per date of hearing |
|
50,00,001 to 1,00,00,000 |
1,62,500 plus 2% of the amount exceeding 50,00,000 |
4000/- per date of hearing |
|
1,00,00,001 to 5,00,00,000 |
2,62,500 plus 1% of the amount exceeding 1,00,00,000 |
5000/- per date of hearing |
|
5,00,00,001 to 10,00,00,000 |
6,62,500 plus 0.5% of the amount exceeding 5,00,00,000 |
6000/- per date of hearing |
|
10,00,00,001 to 20,00,00,000 |
9,12,500 plus 0.2% of the amount exceeding 20,00,00,000 |
10000/- per date of hearing |
The administration fees do not include the following:
- Fees and expenses of the Tribunal
- Usage cost of facilities and support services for and in connection with any hearing (e.g. hearing rooms and equipment, transcription and interpretation services etc.)
- Out of pocket expenses
- * Taxes as applicable
The administrative fee includes management of the date of hearings, notifications, supply of e-copy (non-certified) of the orders, evidence.
ARBITRATOR’S FEES
In the event, the arbitral tribunal is a sole arbitrator, the arbitration fee shall be subject to additional amount of twenty-five per cent. on the fee payable as per the table set out above.
EMERGENCY INTERIM RELIEF FEES
The following fees shall be payable in an Emergency Interim Relief application.
- 1. Administration Fee for Emergency Arbitrator Applications: Rs.60000 additional to the above schedule.
APPOINTMENT FEES
The appointment fee is payable where a request for appointment of arbitrator(s) is made in an ad hoc case. The fee is payable by the party requesting the appointment. A request for appointment must be accompanied by payment of the appointment fee prescribed below.
|
1 arbitrator |
2 arbitrators |
3 arbitrators |
|
Rs. 18000* |
Rs. 32000* |
Rs. 50000* |
*Taxes as applicable
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