Law · Arbitration and Conciliation Act
Under the Arbitration and Conciliation Act, where the arbitral tribunal consists of a sole arbitrator, he shall be entitled to what percentage of an additional amount on the fee payable as per the Fourth Schedule?
- 1Fifteen per cent
- 2Twenty per cent
- 3Thirty per cent
- 4Twenty-five per cent✓
Correct answer
Twenty-five per cent
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