ABOUT ICA

Costly, time-consuming business disputes can take a real bite out of your company’s bottom line. That is why more and more companies are turning to the Indian Council of Arbitration (ICA), the undisputed leader in dispute resolution services in India.

The ICA was established in 1965 as a specialized arbitral body at the national level under the initiatives of the Govt. of India and apex business organizations like FICCI etc. Based in New Delhi, the main objective of ICA is to promote amicable, quick and inexpensive settlement of commercial disputes by means of arbitration, conciliation, regardless of location. more...

NEW ICA RULES OF DOMESTIC COMMERCIAL ARBITRATION AND INTERNATIONAL COMMERCIAL ARBITRATION

(A)     New Registration rate of Fee for Domestic Commercial Arbitration:

- Non-Refundable Registration Fee of Rs.15,000/- plus applicable taxes for claims upto Rs. One Crore
- Non-Refundable Registration Fee of Rs.30,000/- plus applicable taxes for claims above Rs. One Crore

(B)     Registration Fee for International Commercial Arbitration:

- Non-Refundable Registration Fee of U S Dollars 1,650 plus applicable taxes (No Change)

All amendments in these Rules are introduced pursuant to the amendments to the Arbitration & Conciliation Act, 1996 (“Act”), which will automatically become effective from the date of amendments to the Act i.e. 23rd October, 2015. All other amendments shall become binding with effect from 1st April, 2016. CLICK HERE to view the amended (a) Rules of Domestic Commercial Arbitration and CLICK HERE to view the amended (b) Rules of International Commercial Arbitration

ICA COMMERCIAL ARBITRATION, CONCILIATION & MARITIME ARBITRATION CLAUSES
SEMINAR ON ARBITRATION IN INDIA: THE EMERGING SCENARIO

In order to understand and discuss on the developing trends of arbitration in India in the background of rapid transformation of arbitration law and practice as also to make a critical analysis of Arbitration & Conciliation (Amendment) Act 2015, the Indian Council of Arbitration, alongside its 50th AGM, organized the captioned Seminar on 1st February, 2016, at New Delhi. Mr. P K Malhotra, Secretary, Ministry of Law & Justice, Govt. of India, made his august presence as the Chief Guest and addressed the Seminar.

We are glad to present some photographs taken at the Seminar. For view of the photos, please click here.



Maritime Rules
For complete text of the revised Maritime Rules (with effect from 1st September, 2014), click here.