Expert Determination Rules

The Expert Determination Rules -

• The decision is binding unless it is agreed by the parties at the outset that the determination will not be.
• Expert determination is particularly suited to disputes of valuation or a purely technical nature across a range of sectors.
• This process can be used as a shortcut to a binding decision, because it is simpler and cheaper than a court case or arbitration. There is no requirement to prepare pleadings, conduct detailed investigation of documents, cross-examine witnesses or conduct trial-type hearings.
• Like an arbitrator, an expert can make investigations independently of the parties, but, unlike an arbitrator, an expert does not need to refer back to the parties before making the decision. This results in savings of cost and time.

Expert determination is not like court proceedings, and has very little in common with them, or with expert evidence. In an expert determination, the expert constitutes the tribunal and makes the decision, and they are not in any sense a witness.

Expert Determination Fees:

•  IDRC's fee for providing this service starts from Rs 30,000.
•  The fees, expenses and their rates will vary subject to which expert is chosen.