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The Arbitration and Conciliation Act, 1996: page 47

The Arbitration and Conciliation Act, 1996, India Code delivered snapshot 6fb32e5ffe258174, physical page 47. Unreviewed extraction.

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                                               1
                                                [THE FOURTH SCHEDULE
                                                   [See section 11(14)]


Sum in dispute                                            Model fee

Up to Rs. 5,00,000                                        Rs. 45,000

Above Rs. 5,00,000 and up to Rs. 20,00,000                Rs. 45,000 plus 3.5 per cent. of the claim amount
                                                          over and above Rs. 5,00,000

Above Rs. 20,00,000 and up to Rs. 1,00,00,000             Rs. 97,500 plus 3 per cent. of the claim amount
                                                          over and above Rs. 20,00,000

Above Rs. 1,00,00,000 and up to                           Rs. 3,37,500 plus 1 per cent. of the claim amount
Rs. 10,00,00,000                                          over and above Rs. 1,00,00,000


Above Rs. 10,00,00,000 and up to                          Rs. 12,37,500 plus 0.75 per cent. of the claim
Rs. 20,00,00,000                                          amount over and above Rs. 1,00,00,000
                                                                         e
                                                                   od
Above Rs. 20,00,00,000                                    Rs. 19,87,500 plus 0.5 per cent. of the claim
                                                               aC
                                                          amount over and above Rs. 20,00,00,000 with a
                                                          ceiling of Rs. 30,00,000
                                                         di
                                                       In
Note:—In the event, the arbitral tribunal is a sole arbitrator, he shall be entitled to an additional amount of
twenty-five per cent. on the fee payable as per the table set out above.




1. Ins. by Act 3 of 2016, s. 25 (w.e.f. 23-10-2015).
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