Page 1

Vice President Calls the Online Dispute Resolution Mechanism a Laudable Initiative India’s native Online Dispute Resolution (ODR) Portal has been launched on 21st April 2018 by Honourable Vice President Mr M Venkaiah Naidu in Delhi. The other dignitaries present at the launch of this innovative portal were Honourable Minister of Law and Justice Mr Ravi Shankar Prasad and the team of dignitaries from United Nations. The brain behind the conceptualization and development of this portal is one and only Mr Akhilesh Srivastava, Chief General Manager (IT and Highway Operations) of National Highway Authority of India (NHAI). The Vice President of India, Mr M Venkaiah Naidu has said that the Online Dispute Resolution Mechanism is a laudable initiative. This initiative will help to fast-track dispute resolution by reducing the burden away from the judiciary. It has the potential of attracting more foreign investment by projecting India as an investor-friendly country, which in return will strengthen country’s economy. He further stated that due to spur in domestic and international trade and commerce, competition has also increased, which is leading to improved opportunities and also the risk of a dispute has gone up. The commercial arbitration is doing fine but there is a need for transformation and it is witnessing a steady transition to make thing smoother. Keeping in mind the steady growth of e-commerce and e-business, the Online Dispute Resolution is the need of the hour, added Vice President. He also welcomed the measures taken by the Ministry of Law and Justice because of which Online Dispute Resolution, through mediation, arbitration and conciliation, has become a reality for Indian commerce scene. What is Online Dispute Resolution? Online dispute resolution (ODR) is a new and innovative mechanism of resolving disputes with the use of Information and Communication technology. It facilitates prompt resolution of disputes between the involved parties. The function of Online Dispute Resolution is to negotiate, mediate or arbitrate; (in some cases) a combination of all three is also used. The primary purpose of Online Dispute Resolution (ODR) is to allow the stakeholders to resolve their dispute without involving the judiciary physically, and use of electronic technology. The process has been designed to be more convenient and cost-efficient than the traditional ways of dispute resolution. The laws and settlement agreements have been designed according to the rules and jurisdiction of the ODR provider to meet the international needs. As this is a modern litigation system, the cases that have already reached courts and tribunals for resolution can shift to ODR if both the stakeholders involved in it are willing to


do so. The private party has to explicitly submit the request to the court/tribunal to put the hearing in abeyance. The National Highway Authority of India’s Chief General Manager (IT & Highway Operations) Mr Akhilesh Srivastava is one of the founding members of the High powered committee on Online Dispute Resolution (ODR). He is also said to be the brain behind the design of the online portal for ODR. Mr Akhilesh Srivastava also believes that the ODR can increase the job opportunities significantly, especially for the software engineers and law graduates. It has the potential to make India the favourite destination for dispute resolution in future.

#AkhileshSrivastava #OnlineDisputeResolution #HighwayOperations

Online Dispute Resolution  

The Vice President of India, Mr. M Venkaiah Naidu said that the Online Dispute Resolution Mechanism is a laudable initiative.this will help...

Online Dispute Resolution  

The Vice President of India, Mr. M Venkaiah Naidu said that the Online Dispute Resolution Mechanism is a laudable initiative.this will help...

Advertisement