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What is the amount of arbitration fee to be deposited with the Exchange for filing an application for arbitration?

What is the amount of arbitration fee to be deposited with the Exchange for filing an application for arbitration?

Based on the claim amount, the trading member is required to furnish deposit to the Exchange whether they are an applicant or a respondent.

No. Amount of claim Amount of Deposit
1 Upto Rs.5,00,000/- Rs.8,000
2 Rs.5,00,001 to Rs.25,00,000/- Rs.10,000
3 Rs.25,00,000/- and above Rs.14,000
In case an investor (constituent of the trading member) is an applicant or respondent then he/she is required to furnish deposit to the Exchange based on the claim amount as under:
No. Amount of claim Amount of Deposit
1 Upto Rs.5,00,000/- Nil*
2 Rs.5,00,000/- to Rs.25,00,000/- Rs.8,000
3 Rs.25,00,000/- and above Rs.14,000

Arbitration is a quasi judicial process of settlement of dispute between the trading members and clients, in respect of trades done on the Exchange. Arbitration aims at quicker legal resolution for the disputes.

When one of the parties feels that the complaint has not been resolved satisfactory either by the other party or through the complaint resolution process of the Exchange, the parties may choose the route of arbitration.


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