ODR uses technology to facilitate the dispute resolution / adjudication through methods such as negotiation, mediation, conciliation, and arbitration.
๐ The dispute resolution through ODR Mechanism is recognized by the Ministry of Law and categorised as Emergency Arbitration.
โ๏ธ The need for physical appearance eliminates numerous costs as compared to physical ADR and litigation proceedings. ODR is cost effective.
๐๏ธ The timeframe to adjudicate and resolve dispute is commonly between 45 to 90 days. Hence, the dispute resolution via ODR is comparatively time effective.
โ๏ธ Moreover, unlike physical #arbitration, the Arbitrator / Mediator /Conciliator can adjudicate many numbers of cases for the same parties.
Some of the ODR platforms in India:
1. CADRE
2. PRESOLVE360
3. SAMA
4. SmartODR, etc
๐ป๐๐ ๐๐๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐ฐ๐๐ ๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐๐ ๐ถ๐ซ๐น ๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ช๐๐๐๐๐๐๐๐.
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