The Future of Arbitration In India - How Online Dispute Resolution Is Changing the Landscape
As the Indian legal system reforms per changing population dynamics and expansion of the economy, one important innovation that brought change is Online Dispute Resolution (ODR). The digital resolution of disputes in India renders the contemporary arbitral process cheap, fast, and accessible. With the growing technical advancements and increasing internet penetration level, ODR appears as a cheap and feasible facility for the resolution of civil, commercial, and contractual disputes. What is Online Dispute Resolution? This is a dispute resolution system that uses technology to settle legal conflicts outside the conventional courts. It encompasses negotiation, mediation, and arbitration conducted via online platforms. In essence, ODR gives parties in conflict a choice of a more convenient and less cumbersome alternative to the slow and expensive court processes. Why ODR is Important for Arbitration ODR is particularly suited to arbitration because: ● ...