Schedule of Fees

(A) Registration/Case Filing Fees (Non-Refundable)

Case Filing Fees INR 40,000*
*Registration / Case Filing Fees does not include the taxes as may be applicable

(B) Administrative Fees

Disputed Amount (In INR)(Below Figures are Indicative)Minimum Fees, Excl. Taxes(In INR)Maximum Fees, Excl. Taxes(In INR)
Up to 5,00,000 1,10,000 1,10,000
5,00,001 to 1,000,000 1,10,000 1,10,000
10,00,001 to 20,00,000 1,10,000 1,10,000 + 1.5% over 10,00,000
20,00,001 to 50,00,000 1,10,000 1,25,000 + 1.5% over 20,00,000
50,00,001 to 1,00,00,000 1,10,000 1,70,000 + 1.4% over 50,00,000
1,00,00,001 to 5,00,00,000 1,10,000 2,40,000 + 0.85% over 1,00,00,000
5,00,00,001 to 10,00,00,000 1,10,000 5,80,000 + 0.5% over 5,00,00,000
10,00,00,001 to 20,00,00,000 1,10,000 8,30,000 + 0.22% over 10,00,00,000
20,00,00,001 to 50,00,00,000 1,10,000 10,50,000 + 0.22% over 20,00,00,000
50,00,00,001 to 100,00,00,000 1,10,000 17,10,000 + 0.09% over 50,00,00,000
1,00,00,00,001 to 500,00,00,000 1,10,000 21,60,000 + 0.05% over 1,00,00,00,000
5,00,00,00,001 to 10,00,00,00,000 1,10,000 41,60,000
10,00,00,00,001 to 50,00,00,00,000 1,10,000 41,60,000
Above 50,00,00,00,000 1,10,000 41,60,000
*Administration Fees does not include the following:
  • Fees & Expenses of Tribunal
  • Usage costs of facilities and support services for and in connection with any hearing
  • Out of Pocket Expenses
  • Taxes as may be applicable

(C) Arbitrators Fees

Disputed Amount (In INR)(Below Figures are Indicative)Minimum Fees, Excl. Taxes(In INR)Maximum Fees, Excl. Taxes(In INR)
Up to 5,00,000 45,000 1,85,000
5,00,001 to 1,000,000 45,000 + 3.5% over 5,00,000 1,85,000
10,00,001 to 20,00,000 62,500 + 3.5% over 10,00,000 1,85,000 + 6.75% over 10,00,000
20,00,001 to 50,00,000 97,500 + 3% over 20,00,000 2,52,500 + 6.75% over 20,00,000
50,00,001 to 1,00,00,000 1,87,500 + 3% over 50,00,000 4,55,000 + 6.5% over 50,00,000
1,00,00,001 to 5,00,00,000 3,37,500 + 1% over 1,00,00,000 7,80,000 + 4.3% over 1,00,00,000
5,00,00,001 to 10,00,00,000 7,37,500 + 1% over 5,00,00,000 25,00,000 + 2.13% over 5,00,00,000
10,00,00,001 to 20,00,00,000 12,37,500 + 0.75% over 10,00,00,000 35,65,000 + 0.88875% over 10,00,00,000
20,00,00,001 to 50,00,00,000 19,87,500 + 0.5% over 20,00,00,000 or 30,00,000 whichever is lower 44,53,750 + 0.88875% over 20,00,00,000
50,00,00,001 to 100,00,00,000 30,00,000 71,20,000 + 0.271% over 50,00,00,000
1,00,00,00,001 to 500,00,00,000 30,00,000 84,75,000 + 0.165625% over 1,00,00,00,000
5,00,00,00,001 to 10,00,00,00,000 30,00,000 1,51,00,000 + 0.06% over 5,00,00,00,000
10,00,00,00,001 to 50,00,00,00,000 30,00,000 1,81,00,000 + 0.0585% over 10,00,00,00,000
Above 50,00,00,00,000 30,00,000 4,15,00,000 + 0.04% over 50,00,00,00,000 up to a maximum of 8,50,00,000

(D) Emergency Interim Relief Fees

Administration Fee for Emergency Arbitration ApplicationINR 80,000* (Taxes as applicable)
Emergency Arbitrator’s Fees & DepositsThe Emergency Arbitrator’s fees shall be capped at 20% of a sole arbitrator’s maximum fee calculated in accordance with the Schedule of Fees in force at the time of commencement of the arbitration, but shall be not less than INR 300,000.

(E) Appointment Fees (Ad Hoc)*

1 Arbitrator INR 50,000
2 Arbitrators INR 65,000
3 Arbitrators INR 80,000
* Fees does not include the taxes as may be applicable

(F) Pricing options for renting GIMAC Premises

GIMAC Charges for firms registered in India or Govt. Bodies (in Indian Rupees INR)GIMAC Charges for firms registered in India or Govt. Bodies (USD Equivalent)
Rent Charges (Daily Charges)Per dayPer day
Hall Charges- Hall 1 (30 Seater)20000$300
Hall Charges- Hall 2 (20 Seater)15000$240
Breakout Room 1 (10 Seater) Rent8000$120
Breakout Room 2 (8 Seater) Rent5000$75
Other Heads (As per Use)As per Use
Printing and Stationery Charges (using the IT equipment of GIMAC)10 Per Page$0.25 per page
Stenographer Charges1000 per Hour$25 per hour
Video Conferencing and recording charges8000/Day$120 per day
Snacks and High Tea (Upto 2 serves)ComplimentaryComplimentary
Lounge AccessComplimentaryComplimentary
Standard packed Vegetarian Lunch400 per person$8 per person
Standard packed Non-Vegetarian Lunch500 per person$10 per person
Custom Menu Lunch (Buffet/ Fixed Menu)ActualActual
Overtime ChargesIf exceeded working hours
Upto 3 HoursHalf Day Charges for all applicable headsHalf Day Charges for all applicable heads
More than 3 hoursFull-Day Charge for all applicable headsFull-Day Charge for all applicable heads
PAYMENT TERMS (NEW)
  • Advance: 50% Within 5 Days of Booking (if done more than 10 days in advance) or 50% immediately on booking if done less than 10 days in advance
  • Cancellation before 30 days: No Charge
  • Cancellation after 30 days and before 48 Hours: 5000 or 10% of booking amount, whichever is higher
  • Cancellation within 48 Hours: No Refund
  • Additional taxes will be charged as applicable
  • For bookings by foreign entities, the USD equivalent of the applicable charges has to be paid

In case of any specific requirement or for induding additional components please write to info@gimac.in.