Fee Structure

Fees

Bombay Chamber of Commerce and Industry Arbitration – Schedule of Fees

Sr. No. FEES FOR ARBITRATORS [Per Arbitrator] :
Amount (Rs.)
Amount (Rs.)
(inclusive of GST @ 18%)
1 Fees for Arbitrators
  For each sitting

80,000/-

94,400/-

  Cost of adjournment

4,000/-

4,720/-

  For making the Award and administrative charges 

15,000/-

17,700/-

2 Administrative Charges of Chamber
  Processing charges per case to be paid at the time  of reference of the case

12,500/-

14,750/-

  Services Charges for each sitting

15,000/-

17,700/-

  Adjournment Charges

2,500/-

2,950/-

3 DEPOSIT to be paid by each party to the dispute :
  Advance Payment

1,07,500/-

1,26,850/-

  Before the third and before every subsequent alternate sitting (expenses for 2 meetings)

1,90,000/-

2,24,200/-

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