Arbitration appeal fee reform reduces filing costs for small client claims; exchanges and protection funds share ensuing expenses. The amendment revises appellate arbitration fees: while maintaining the existing maximum fee for appeals generally, clients with claims or counterclaims up to ten lakh rupees shall pay a reduced capped filing fee, and further expenses arising from such appeals shall be borne equally by the stock exchanges and the Investor Protection Fund of the stock exchanges.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Arbitration appeal fee reform reduces filing costs for small client claims; exchanges and protection funds share ensuing expenses.
The amendment revises appellate arbitration fees: while maintaining the existing maximum fee for appeals generally, clients with claims or counterclaims up to ten lakh rupees shall pay a reduced capped filing fee, and further expenses arising from such appeals shall be borne equally by the stock exchanges and the Investor Protection Fund of the stock exchanges.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
