Fees

Arbitration.in is a platform that can be invoked either by

a) By a contractual party seeking arbitration/Mediation or

b) An Arbitrator/Mediator

The total cost of using the services of Arbitration.in for an Arbitration/Mediation consist of

1. Professional Fees payable to the Arbitrator/s or Mediator

2. Payment made to Arbitration.in towards services rendered

i) For use of  the Virtual Arbitration Room (Platform Usage Fees)

ii) For Additional copies of  proceedings with CEAC certification

iii) For use of other Back office services

1. Professional Fees of the Arbitrator/Mediator

The professional fees of the Arbitrators may vary.

If the arbitrator is appointed by the party invoking the services, they need to  negotiate and settle  fees payable to the arbitrators directly.

Arbitrators/Mediators or the Councils are free to include the platform fees payable to Arbitration.in in their consolidated fees if they prefer.

2. Payment made to Arbitration.in towards services rendered

i) Platform Usage Charges

Arbitration.in will charge its platform usage fees on the basis of time used for Arbitration/Mediation sessions and will be payable by whomsoever invokes the Arbitration/Mediation.

The charges for Arbitration/Mediation session will be as follows:

Example:

If there is a single Arbitrator, two contracting parties with two counsels using the arbitration session for 3 hours, the total cost would be Rs 10,000/-

(This is platform usage charge and does not include professional charges payable to the arbitrator)

On receipt of a request for using the services of Arbitration.in, necessary instructions would be given to the parties on how to participate in the arbitration session.

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ii) CEAC Certified Copies of the Proceedings

One soft copy of the proceedings would be made available to each of the contracting parties in the form of a download without any charge.

 If additional copies are required or copies required to be couriered in CD format, reasonable additional charges may be payable.

There could be stray instance when the proceedings are challenged or reviewed in a Court of law and  representatives of Arbitration.in or CEAC are required to provide statements or affidavits. In such cases additional professional charges may be payable along with out of pocket expenses for travel and stay as required.

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iii) Back office Service Charges

The Backoffice services of Arbitration.in would be required when one of the contracting parties wants to invoke the ODR facilities in Arbitration.in but the contract itself does not have a supporting clause and therefore, a consent has to be obtained from the other contracting party. For this purpose, on registration of request, Arbitration.in will send a notice to the counter party and obtain his consent. If rejected, the parties will have to use conventional meetings to conduct their proceedings.

Back office services may also be required when an Arbitrator registered with Arbitration.in would like the notices to be issued through the Registrar of Arbitration. in to the parties.

Back office services may also be required when additional trainings are to be provided for the use of the facility. Arbitration.in at present provides one free demo to the person invoking the Arbitration, the counter party and the relevant Arbitrator appointed for the particular Arbitration. If additional parties such as the counsels also have to be trained, additional service charges may be charged.

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Computation of Cost

On receipt of the request from a prospective user of the Arbitration Service, Arbitration.in will raise the necessary invoice indicating the fee payable for which payment can be made online.

International Users

All payments are received in Indian Rupees equivalent. Indicative current rate is 1 US$= Rs 68/-

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