Costly, time-consuming business disputes can take a real bite out of your company's bottom line. That's why more and more companies are turning to the Indian Council of Arbitration, the undisputed leader in dispute resolution services in India. For over 40 years, the Indian Council of Arbitration has been providing users of arbitration with an unrivaled array of time-tested services that include ICA Arbitration, ICA Conciliation and ICA Maritime, as well as education and training programs. Coupled with our quality case administration and panel of arbitrators. ICA is the one resource for all your dispute resolutions needs. more...

“In order to make it more expeditious, efficient and sustain and achieve the objectives of universally accepted, applicable, effective and best practice of maritime arbitration as also to respond to the increased demand of domestic and international trade community, Indian Council of Arbitration have recently amended its Maritime Arbitration Rules, which have been effective from 01st October, 2012”.

In order to update the contact details of all ICA members a Database updation Form is prepared and enclosed for your information and use. Please do the needful in order to help us update your contact information. (Download Form)

Registration Fee for Arbitration Cases:
w.e.f   08 - 05 -2012

Claims below Rs. 1 crore           Rs.  10000
Claims above Rs.  1 crore             Rs.  20,000
 

“As per Government Notification No. 25/2012-Service Tax dated 20th June, 2012, service tax is @ 12.36% on every amount received by the ICA on the following heads/items with effect from 1st July, 2012:

  1. Annual Membership Subscription
  2. Life Membership Fee
  3. Registration Fee for initiation of arbitration
  4. Administrative Charges on Claim and Counter Claim
  5. Any additional fee, charges, costs & expenses
  6. Participation Fee for Conference/Seminar
  7. Process Charges for Appointment of Arbitrator in Ad-hoc Arbitration Cases

Serial Nos. 3 to 5 are equally applicable to references under ICA Conciliation Rules and ICA Maritime Arbitration Rules.

ICA SERVICE TAX REGISTRATION NUMBER : AAATI2848ESD001”

ICA COMMERCIAL ARBITRATION, CONCILIATION & MARITIME ARBITRATION CLAUSES

SEMINAR ON ARBITRATION IN INDIA: THE ROAD AHEAD
December 19, 2013, New Delhi
(Click here to download Report)

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Mr. Arun Chawla
Advisor


Mr. D Sengupta
Additional Director
Team Leader
ICA RELEASED ITS NEW RULES FOR INTERNATIONAL COMMERCIAL ARBITRATION
The Indian Council of Arbitration (ICA) has recently published its new Rules of International Commercial Arbitration governing international commercial disputes for ICA commercial arbitrations initiated on or after 1st January, 2014. Arbitration proceedings filed prior to 1st January, 2014 continue to be governed by the ICA Rules of Arbitration amended and effective from 8th May, 2012.

Hon’ble Mr. Justice A K Sikri launching the new ICA Rules for International Commercial Arbitration. Flanked by: (L to R) Mr. N G Khaitan, President, ICA, Mr. Sidharth Birla, President-Elect, FICCI and Dr. A. Didar Singh, Director-General, ICA & Secretary-General, FICCI

There are a number of significant changes brought into the new Rules of International Commercial Arbitration, many of which appear designed to add increased flexibility to the parties and retain arbitration's promise of a streamlined, cost-effective alternative to traditional litigation. Click here to see the complete text of the new Rules of International Commercial Arbitration.


“In order to make it more expeditious, efficient and sustain and achieve the objectives of universally accepted, applicable, effective and best practice of maritime arbitration as also to respond to the increased demand of domestic and international trade community, Indian Council of Arbitration have recently amended its Maritime Arbitration Rules, which have been effective from 01st October, 2012”.

click here for rules