Schedule Fees

Discover AECCI International Arbitration Center’s schedule fees for expert dispute resolution services. Get transparent and competitive pricing for arbitration proceedings with a trusted global institution. 

As an institution that offers impartial and efficient dispute resolution services, the AECCI International Arbitration Center provides a transparent fee schedule to ensure that parties involved in the arbitration process have a clear understanding of the costs involved.

The fee schedule covers the costs associated with the administration of arbitration proceedings, including filing case fees, administration fees, arbitrator fees and emergency interim relief fees.

It is important to note that the fees outlined in the schedule are subject to change and may vary depending on the specific circumstances of the dispute. Parties involved in the arbitration process are encouraged to consult with the AECCI International Arbitration Center directly to obtain the most up-to-date fee information.

The AECCI International Arbitration Center provides a transparent fee schedule to ensure that parties involved in the arbitration process have a clear understanding of the costs involved.

This Schedule of Fees is effective as of 13.04.2023 and is applicable to all arbitrations commenced on or after 13.04.2023. This Schedule of Fees may be amended from time to time and any revised Schedule of Fees shall take effect as of the date determined by the AECCI Management.

Filing Case Fee

USD 300 (FOR AECCI-MEMBERS)*
USD 400 (FOR AECCI- NON-MEMBERS)
*Client/Applicant must be registered as Member of AECCI, if Non-Member then Fees shall be applicable as above.

Administration Fees

The administration fees calculated in accordance with the Schedule below apply to all arbitrations administered by AECCI-IAC and is the maximum amount payable to AECCI-IAC.

Quantum of Claim (USD) Fee(USD)
UP TO 75,000 1,375
75,001 to 2,00,000 2,000 + 1.5% over 75,000
2,00,001 to 7,00,000 2,800 + 1.4% over 2,00,001
7,00,001 to 12,00,000 7,000 + 1.3% over 7,00,001
12,00,001 to 22,00,000 10,000 + 1% over 12,00,001
22,00,001 to 62,00,000 12,000 + 0.80% over 22,00,001
62,00,001 to 1,25,00,000 20,000 + 0.75% over 62,00,001
Above 1,25,00,001 50,000 + 0.50% over 1,25,00,001

The administration fees do not include the following:
• Interpretation, correction or additional Award: US$ 100.00
• Scrutiny of Award: US$ 250.00
• Administrative and Filling charges to be paid along with the Application to appointment Arbitrator.
• Usage cost of facilities and support services for and in connection with any hearing (i.e. hearing rooms and equipment, transcription and interpretation services etc.)
• The Administrative and Filling charges are payable one time and are non-refundable.
• Taxes as applicable

Arbitrator’s Fees

The fee calculated in accordance with the Schedule below is the maximum amount payable to arbitrator and Additional Fees for the Arbitral Tribunal (Per Arbitrator).

Quantum of Claim (USD) Fee (USD)
UP TO 75,000 1,218
75,001 to 2,00,000 2343 + 3% over 75,001
2,00,001 to 7,00,000 4218 + 1% over 2,00,001
7,00,001 to 12,00,000 9218 + 1% over 7,00,001
12,00,001 to 22,00,000 15468 + 0.75% over 12,00,001
22,00,001 to 62,00,000 24,843 + 0.5% over 22,00,001
62,00,001 and above ( Contact Chamber Desk)
ADDITIONAL FEES FOR THE ARBITRAL TRIBUNAL: (Interpretation, correction, Scrutiny or additional Award)
Upto 75000 500
Upto 75001 to 1200000 1000
1200001 and above 2000
EMERGENCY INTERIM RELIEF FEES

The following fees shall be payable in an Emergency Interim Relief application under
Article 07 of the Arbitration Rules of the AECCI-IAC:

  • Administration Fee for Emergency Arbitrator Applications: USD.800*
  • Emergency Arbitrator’s Fees: The Emergency Arbitrator’s fees shall be capped at 15% 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.
  • Taxes as applicable*

 

PAYMENT SCHEDULE:
1. Filing Case Fee
2. Administrative fee to be paid by the Claimant on the filing of Notice of Arbitration.
3. Arbitral Tribunal Fee Schedule

  • At the time of filing the Claim statement by the Claimant, 20% shall be deposited.
  • Respondent at the time of filing the Response or Statement of Defense should deposit 20%.
  • Parties [Claimant and Respondent (s)] should deposit 25% equally within 10 days of the completion of pleadings.
  • Parties [Claimant and Respondent(s)] should deposit 20% equally before the hearing date.
  • Parties [Claimant and Respondent(s)] should deposit 15% Balance within 10 days after the matter is reserved for award.