Claim Amount (INR) |
Consolidated Fee (INR) |
|---|---|
| Up to 50,000 | 4,500 |
| 50,001 to 1,00,000 | 9,000 |
| 1,00,001 to 5,00,000 | 17,500 |
| 5,00,001 to 25,00,000 | 17,500 + 2.5% of claim amount over 5,00,000 |
| 25,00,001 to 50,00,000 | 75,000 + 2% of claim amount over 25,00,000 |
| 50,00,001 to 1,00,00,000 | 1,25,000 + 1% of claim amount over 50,00,000 |
The Administration Fee does not cover the following: expenses related to hearing facilities and support services, out-of-pocket costs, and the fees remitted by the parties to the platform for payment to the arbitrator/arbitrators. Arbitrators' fees will be established once the arbitrator is appointed by the platform and will be mutually agreed upon by the arbitrator and the parties involved.
Mediator / Conciliator fee – As agreed between the mediator / conciliator and the parties.
(a) All fees are non-refundable and do not include taxes. We've implemented robust safety measures for secure online payment processing.
(b) Fees must be paid, regardless of the dispute's outcome, upon receiving a payment requisition from SettleADR. Payment procedures are conducted through our secure platform, ensuring transparency and efficiency.
(c) Stamp duty, statutory charges, and out-of-pocket expenses will be reimbursed to SettleADR as per applicable legal fees or actual expenses, as agreed upon during the formal dispute resolution process.
(d) Parties involved are responsible for covering the cost of legal practitioners or authorized representatives, including appointment and representation expenses. These fees will be handled independently by the involved parties, maintaining transparency and adherence to legal requirements.
(e) Each party is responsible for meeting its respective taxation obligations in accordance with prevailing laws. SettleADR does not assume any liability for tax-related matters and encourages compliance with tax laws.
These terms aim to provide clarity, transparency, and fairness in financial and legal matters during the dispute resolution process through SettleADR.
At Settleadr, our commitment extends beyond just providing a fee structure. We believe in making dispute resolution accessible to all, and to support this belief, we have initiated Project ‘Settleadr for All’. Under this project, Settleadr extends its services free of cost to persons from low-income groups. Based on eligibility and the facts of the dispute, applications will be screened, and eligible parties will be notified.
Our aim is to ensure that financial considerations do not become a barrier to accessing effective and efficient dispute resolution services. We believe in a fair and just resolution for all, and our fee structure and initiatives reflect this core principle.