Supreme Court to Fix Standards for Fees of Arbitrators- Know More

On Wednesday, the Supreme Court reserved judgement on issues of standards for arbitrator’s fees. The Bench of Justices DY Chandrachud, Sanjiv Khanna and Surya Kant reserved their judgement while considering mandatory nature of the model fee scale for arbitrators as mentioned in the Fourth Schedule of the Arbitration Act. Before the Court, AG Venugopal submitted

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