https://www.taxtmi.com/caselaws?id=305187 Section 11(14) and the Fourth Schedule of the Arbitration and Conciliation Act, 1996 govern arbitral tribunal fees even where the tribunal is constituted by party agreement, and the fee regime cannot be fixed under Sections 31-A and 38. The "sum in dispute" for fee computation includes claim and counterclaim cumulatively, because the scheduled fee must reflect the full monetary stake in the arbitration. The schedule contemplates a composite fee for the tribunal as a whole, not separate fees for each arbitrator on the same amount. The fee orders were set aside and fee and administrative expenses were directed to be recalculated accordingly. en-us Thu, 05 Aug 2021 00:00:00 +0530 Tue, 22 Nov 2022 09:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305187 Section 11(14) and the Fourth Schedule of the Arbitration and Conciliation Act, 1996 govern arbitral tribunal fees even where the tribunal is constituted by party agreement, and the fee regime cannot be fixed under Sections 31-A and 38. The "sum in dispute" for fee computation includes claim and counterclaim cumulatively, because the scheduled fee must reflect the full monetary stake in the arbitration. The schedule contemplates a composite fee for the tribunal as a whole, not separate fees for each arbitrator on the same amount. The fee orders were set aside and fee and administrative expenses were directed to be recalculated accordingly. Case-Laws Indian Laws Thu, 05 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305187