Chapter-6 Miscellaneous

Section 41: Payment of Fees for Implementing the Award

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1) Notwithstanding anything contained in the prevailing law, a fee amounting to 0.5 percent of the amount received through the implementation of the award of the arbitrator shall be paid to the concerned court in the form of a fee for having implemented the award. In case the award to be so implemented does not concern for being payment of any amount, a fee amounting to 0.5 percent of the current market value or amount of the action to be taken or has to be taken according to the decision, if the same can be determined, and if not, a sum of Rs 500/- shall be paid by the party requesting for the implementation of the award.

2) In case any party who pays the fee mentioned in Sub-section (1) wishes to have it realised from the other party, the District Court shall have it realised from the other party as in the case of court fees according to the prevailing law.

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