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See Schedule 4 of the Arbitration & Conciliation Act, 1996 (as amended).
what if the person is not a judge, then what are the career prospects to become arbitrator. I have interest in ADR, but I didnt know itna paisa hai isme. also i would be graduate soon so what would be my prospects if i want to become arbitrator.
Replying to 1.1.1. You can choose to not believe. But that's what I have seen! 6 lakhs per session and 2 sessions in a day makes it 12lakhs for a day!
I make 4 lakh per month.
I am ha doing 4 cases at a time.
Quite a enjoyable stuff
Retired SC Judges- lowest I have seen is 12 lakhs per day in an ad hoc arbitration