Arbitrators fee in International Arbitration

Sum in Dispute (US $ or equivalent in Rupees	Arbitrators fees
Upto $50,000 or equivalent in Rupees	Rs.2,00,000/-
From $ 50,001 to 1,00,000 or equivalent in Rupees	Rs.2,00,000/- plus 6% of the fee over & above $50,000 or equivalent in Rupees
From $ 1,00,001 to 5,00,000 or equivalent in Rupees	Rs.4,01,000/- plus 6% of the fee over & above $1,00,000 or equivalent in Rupees
From $ 5,00,001 to 10,00,000 or equivalent in Rupees	Rs.20,09,000/- plus 4% of the fee over & above $5,00,000 or equivalent in Rupees
From $ 10,00,001 to 20,00,000 or equivalent in Rupees	Rs.33,49,000/- plus 2% of the fee over & above $10,00,000 or equivalent in Rupees
From $ 20,00,001 to 50,00,000 or equivalent in Rupees	Rs.53,59,000/ plus 1% of the fee over & above $20,00,000 or equivalent in Rupees
From $ 50,00,001 to 1,00,00,000 or equivalent in Rupees	Rs.70,34,000/- plus 0.50% of the fee over & above $50,00,000 or equivalent in Rupees
From $ 1,00,00,001 to 5,00,00,000 or equivalent in Rupees	Rs.1,37,34,000/- plus 0.25% of the fee over & above $1,00,00,000 or equivalent in Rupees
From $ 5,00,00,001 to 8,00,00,000 or equivalent in Rupees	Rs.1,87,59,000/- plus 0.25% of the fee over & above $5,00,00,000 or equivalent in Rupees
Above $ 8,00,00,001 or equivalent in Rupees	Rs.2,07,69,000/- plus 0.1% of the fee over & above $8,00,00,000 or equivalent in Rupees subject to a ceiling of Rs.2,20,00,000/-

Note:

1) Any Claim or dispute which is not valued in terms of money, shall attract a minimum fee of Rs.5,00,000/- (Rupees Five Lakh only), any fee in excess of the same shall be as agreed upon by the parties.
2) In the event of claim and counter-claim, the Arbitrators fee shall be calculated on the aggregate of the claim and counter-claim.
3) The fee fixed above is in respect of a single Arbitrator. The fee at the same rate shall be payable to any additional Arbitrator.
4) In the event of an Arbitrator chosen from the Panel of Arbitrators or nominated, who is not in the panel is from a place other than Bengaluru the party nominating such Arbitrator, shall alone bear all expenses of such Arbitrator, apart from the fee payable as per the schedule, for his participation in the Arbitration proceedings.
5) In the event of claim or counter claim having more than one relief the arbitrators fee shall be calculated as follows:

1. In any claim or counter claim, in which separate and distinct reliefs based on the same cause of action are sought, the arbitrators fee shall be determined on the aggregate value of the reliefs. Provided that, if any relief is sought only as ancillary to the main relief the arbitrator fee shall be determined on the value of the main relief.
2. (b) Where reliefs are sought in the alternative in any claim/Counter claim, the arbitrators fee shall be determined with the highest of the fees on the reliefs.

6) In the event of termination of Arbitral proceedings;

1. Before filing of written response, the Arbitrators shall be paid 30% of the fee calculated as above.
2. After framing of issues or terms of reference and before cross examination of any witness (including the parties), the Arbitrators shall be paid 50% of the fee calculated as above.

Conciliators Fee

Amount in Dispute (US $ or equivalent in Rupees	fees
Upto Rs.10,00,000/- (Rupees Ten Lakh only)	Rs.30,000/-
Above Rs.10,00,001/- (Rupees Ten Lakh and One only) upto Rs.40,00,000/- (Rupees Forty Lakh only)	Rs.30,000/- (Rupees Thirty thousand) plus 1.5% of the fee over and above Rs.10,00,000/- subject to a maximum fee of Rs.60,000/-
Above Rs.40,00,001/- (Rupees Forty Lakh and One only) upto Rs.1,00,00,000/- (Rupees One Crore only)	Rs.60,000/- (Rupees Sixty thousand) plus 1.5% of the fee over and above Rs.40,00,000/- subject to a maximum fee of Rs.1,50,000/-
Above Rs.1,00,00,001/- (Rupees One Crore and One only) upto Rs.10,00,00,000/- (Rupees Ten Crore only)	Rs.1,50,000 (Rupees One lakh fifty thousand) plus 1.5% of the fee over and above Rs.1,00,00,000/- subject to a maximum fee of Rs.2,40,000/-
Above Rs.10,00,00,001/- (Rupees Ten Crore and One only) upto Rs.20,00,00,000/-(Rupees Twenty Crore only)	Rs.2,40,000/- (Rupees two lakh forty thousand) plus 1.5% of the fee over and above Rs.10,00,00,000/- subject to a maximum fee of Rs.3,15,000/-
Above Rs.20,00,00,001/- (Rupees Twenty Crore and One only)	Rs.3,15,000/- (Rupees three lakh fifteen thousand) plus 1.5% of the fee over and above Rs.20,00,00,000/- subject to a maximum fee of Rs.5,00,000/-

Note:

1) Any Claim or dispute which is not valued in terms of money, shall attract a minimum fee of Rs.60,000/- (Rupees Sixty thousand only), any fee in excess of the same shall be as agreed upon by the parties.
2) The fee fixed above is in respect of a single Conciliator. The fee at the same rate shall be payable to any additional Conciliator. In the event of termination of conciliation proceedings in less than three sittings the fee payable by the parties to the conciliator is 30% of the fee assessed as per Rule 55.
3) In the event of an Conciliator chosen from the Panel of Conciliators is from a place other than Bangalore, the party nominating such Conciliator, shall alone bear all expenses of such Conciliator, apart from the fee payable as per the schedule, for his participation in the conciliation proceedings.