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Arbitration
Schedule of Fees
The Administrative fee (of ICA ) and Conciliator's fee (for each conciliator) will be fixed separately with regard to the amount in dispute in each case, as under:

Upto Rs. 5 lack (Rs.500,000) Rs.8,000/-
From Rs. 5 lack one to Rs. 25 lac (Rs.500,00/- to 2,500,000)

Rs.8,000/- plus Rs.500/- per lac or part thereof subject to a ceiling of Rs.18,000/-.

From Rs 25 lack one to Rs. 1 crore (Rs,2,500,00/- to Rs.l0,000,000) Rs.18,000/- plus Rs.200/- per lac or part thereof subject to a ceiling of Rs.33,000/-.
From Rs. 1 crore one to Rs. 5 crore (Rs.I0,000,00l to Rs.50,000,000) Rs.33,000/- plus Rs.5,000/- per crore or part thereof subject to a ceiling of Rs.53,000 /-.
From Rs. 5 crore one to Rs. 10 crore (Rs.50,000,00l to Rs.I00,000,000)

Rs.53,000/- plus Rs.3,000/- per crore or part thereof subject to a ceiling of Rs.68,000/-.

Over Rs.I0 crore (Rs.I00,000,000) Rs.68,000/- plus Rs.2,500/- per crore or part thereof.

In addition to the above, the ICA will be entitled to receive a Special Fee of Rs.I000/- per hearing for providing facilities of hearing rooms and secretarial assistance etc. at the conciliation hearings.

(4) Notwithstanding the provisions in Sub-Rule (1) of this Rule, the Arbitration Committee/Chairman of the Arbitration Committee may prescribe the Conciliator's fees and the Administrative fees of the Council at. a figure higher than those prescribed in the said Sub-Rules, if in the exceptional circumstances of the case this appears to be necessary.
Other expenses: The conciliator may be paid an amount of Rs. 250/- towards local conveyance for attending each conciliation hearing in the city of his residence. Any traveling and other expenses incurred by the conciliator or the Registrar for attending the conciliation hearings in a city other than the place of residence, shall also be reimbursed to him as provided hereinafter. All the above expenses shall form part of the conciliation costs.
A conciliator who has to travel shall be paid traveling expenses by air or rail (air conditioned wherever available) or car (when neither air nor rail transport is available) at actuals. In addition, he may be paid out-of-pocket expenses at actuals for boarding, lodging and local transport subject to maximum of Rs. 6,000/- per day in metropolitan towns, Rs. 3,000/- in class A cities and Rs. 2,000/- in other cities. A conciliator who makes his own arrangements for boarding, lodging, local transport etc. may be paid out of pocket expenses at the rate of Rs.l000/ - per day, without production of vouchers. The limits for stay of the ICA officials will be of those applicable to conciliators.

Amendment of Rules The Governing Body of the ICA may revise, amend or alter these Rules or the Schedule of Fees and other monies to be charged and paid as and when they think necessary.


 
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