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This Schedule of Fees is effective as of 1st October, 2023 and is applicable to all arbitrations commenced on or after 1st October, 2023. 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.40,000*

ADMINISTRATION FEES

The administration fees calculated in accordance with the Schedule below apply to all arbitrations administered by IAAC and is the maximum amount payable to IAAC.

SI No.

SUM IN DISPUTE (INR)

MINIMUM FEE (INR)

MAXIMUM FEE (INR)

1

Up to 5,00,000

1,10,000

1,10,000

2

5,00,001 to 10,00,000

1,10,000

1,10,000

3

10,00,001 to 20,00,000

1,10,000

1,10,000 + 1.5% over 10,00,000

4

20,00,001 to 50,00,000

1,10,000

1,25,000 + 1.5% over 20,00,000

5

50,00,001 to 1,00,00,000

1,10,000

1,70,000 + 1.4% over 50,00,000

6

1,00,00,001 to 5,00,00,000

1,10,000

2,40,000 + 0.85% over 1,00,00,000

7

5,00,00,001 to 10,00,00,000

1,10,000

5,80,000 + 0.5% over 5,00,00,000

8

10,00,00,001 to 20,00,00,000

1,10,000

8,30,000 + 0.22% over 10,00,00,000

9

20,00,00,001 to 50,00,00,000

1,10,000

10,50,000 + 0.22% over 20,00,00,000

10

50,00,00,001 to 100,00,00,000

1,10,000

17,10,000 + 0.09% over 50,00,00,000

11

1,00,00,00,001 to 500,00,00,000

1,10,000

21,60,000 + 0.05% over 1,00,00,00,000

12

500,00,00,001 to 1000,00,00,000

1,10,000

41,60,000

13

1000,00,00,001 to 5000,00,00,000

1,10,000

41,60,000

14

Above 5000,00,00,000

1,10,000

41,60,000

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
ARBITRATOR’S FEE

SI No.

SUM IN DISPUTE (INR)

MINIMUM FEE (INR)

MAXIMUM FEE (INR)

1

Upto 5,00,000

45,000

1,85,000

2

5,00,001 to 10,00,000

45,000 + 3.5% over 5,00,000

1,85,000

3

10,00,001 to 20,00,000

62,500 + 3.5% over 10,00,000

1,85,000 + 6.75% over 10,00,000

4

20,00,001 to 50,00,000

97,500 + 3% over 20,00,000

2,52,500 + 6.75% over 20,00,000

5

50,00,001 to 1,00,00,000

1,87,500 + 3% over 50,00,000

4,55,000 + 6.5% over 50,00,000

6

1,00,00,001 to 5,00,00,000

3,37,500 + 1% over 1,00,00,000

7,80,000 + 4.3% over 1,00,00,000

7

5,00,00,001 to 10,00,00,000

7,37,500 + 1% over 5,00,00,000

25,00,000 + 2.13% over 5,00,00,000

8

10,00,00,001 to 20,00,00,000

12,37,500 + 0.75% over 10,00,00,000

35,65,000 + 0.88875% over 10,00,00,000

9

20,00,00,001 to 50,00,00,000

19,87,500 + 0.5% over 20,00,00,000 or 30,00,000 whatever is lower

44,53,750 + 0.88875% over 20,00,00,000

10

50,00,00,001 to 100,00,00,000

30,00,000

71,20,000 + 0.271% over 50,00,00,000

11

1,00,00,00,001 to 500,00,00,000

30,00,000

84,75,000 + 0.165625% over 1,00,00,00,000

12

5,00,00,00,001 to 10,00,00,00,000

30,00,000

1,51,00,000 + 0.06% over 5,00,00,00,000

13

10,00,00,00,001 to 50,00,00,00,000

30,00,000

1,81,00,000 + 0.0585% over 10,00,00,00,000

14

Above 50,00,00,00,000

30,00,000

4,15,00,000 + 0.04% over 50,00,00,00,000 up to a maximum of 8,50,00,000

Note: For Judicial Panel arbitrators, the arbitrators shall have the sole and unfettered discretion to decide upon the fees to be charged.

EMERGENCY INTERIM RELIEF FEES

The following fees shall be payable in an Emergency Interim Relief application under Rule 14 of the Arbitration Rules of the IAAC:

  • Administration Fee for Emergency Arbitrator Applications: Rs.70,000*
  • Emergency Arbitrator’s Fees: The Emergency Arbitrator’s fees shall be capped at 20% of a sole arbitrator’s maximum fee calculated in accordance with the Schedule of Fees in force at the time of commencement of the arbitration, but shall be not less than Rs. 300,000.
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.

SI No.

1 Arbitrator

2 Arbitrators

3 Arbitrators

1

Rs. 50,000*

Rs. 65,000*

Rs. 80,000*

Details of Payment through RTGS

SI No.

Account Title

Account No

IFSC code

1

International Agro Arbitration Centre

50200086827400

HDFC0000003

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