.IN Domain Name Dispute Arbitration Fee Slashed
IPRFirm, New Delhi: .IN Registry has slashed its Domain Name Dispute Resolution Arbitration fee.
The fee charged by the National Internet Exchange of India (NIXI) was as follows -:
.IN Administration Fee :Rs. 5,000
Arbitrators Fee : Rs. 25,000
The new fee schedule which is in force now has revised as follows -:
.IN Administration Fee : Rs. 1,000
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Arbitrators Fee : Rs. 9,000
For Personal Hearing : Rs. 5,000/- per hearing (Maximum to four hearings)
It is expected to increase the filing of .INDRP Disputes with the registry which was detrimental to the high costs earlier.
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Again I have read a few contrary opinions to this, and overall this does seem to be the consensus .