Definition
Latin for "according to value." Court fees in DRT and civil court proceedings are typically calculated ad valorem — as a percentage of the amount claimed. Under the Court Fees Act, 1870, and respective State Court Fee Schedules, the court fee is proportional to the debt recovery amount.
Related Terms
Court FeeOriginal ApplicationDRT
Need Expert Advice on Ad Valorem?
For specific advice on how Ad Valorem applies to your debt recovery matter, consult Advocate Subodh Bajpai — LLM, MBA (XLRI Jamshedpur). 25+ years of exclusive banking and debt recovery practice across DRT, SARFAESI, IBC, and NI Act.
Defined by Advocate Subodh Bajpai, Senior Partner, Unified Chambers and Associates