The Delhi School Education Rules, 1973
166. Fine for late payment of fees, etc.
(1) A fine for late payment of the fees or contributions due to a school shall be charged from the
student at the rate of five paise for every day, after the 10th, for which the default continues.
(2) The head of the school may, if satisfied that the delay in payment of the fees and contributions
was unavoidable, remit the whole or any part of the fine referred to in sub-rule (1).
The Delhi High Court has directed the city government to pass an order, apprising schools and public that as per rules, a school cannot charge more than five paise per day as fine on late deposit of fees