The Arbitration and Conciliation Act 1996

(As Amended by Arbitration and Conciliation (Amendment) Act, 2015 vide Gazette Notification of 31st December 2015, effective from 23rd october 2015)

THE Fourth SCHEDULE (See sections 11(3A))
 

     

    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. 10,00,00,000   Rs. 3,37,500 plus 1 per cent. of the claim amount over and above Rs. 1,00,00,000
    Above Rs. 10,00,00,000 and up to Rs. 20,00,00,000 Rs. 12,37,500 plus 0.75 per cent. of the claim amount over and above Rs. 1,00,00,000
     Above Rs. 20,00,00,000 Rs. 19,87,500 plus 0. 5 per cent. of the claim amount over and above Rs. 20,00,00,000 with a ceiling of Rs. 30,00,000



    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.