| |||||||||
|
OVERVIEW Earbitration.net is an Online Dispute Resolution mechanism. The reference point for Earbitration.net commences on escalation of complaint, as it takes the shape of legal dispute. The dispute resolution mechanism can be effectively used in matters of recovery initiated on behalf of the Company and Consumer Complaints. The use of Online Dispute Resolution mechanism becomes more imperative with the projected growth of 20-25% in FMCG and retail finance/banking Companies and increase in their consumer base by more than 50% per annum. One of the most financially vulnerable industrial segments, which can benefit from Online Dispute Resolution, is the Banking and CELL phone industry, which is the fastest growing segment. The expected boom in the retail sector with its large consumer base will further necessitate the availability of an Online Dispute Resolution mechanism. Under established and till now followed dispute resolution methodologies, a small recovery of INR 2000.00 can entail expenditure of more than INR 4000.00 in terms of money and man hours to a Company. Similarly,
a under conventional arbitration proceedings can make you spend few
hundred thousands Rupees, only on exchange of claims and documents.
EREGISTRY cuts those wasteful hearing and makes it happen. PROCESS OVERVIEW: Recent E developments: E-arbitration and E-court system is well recognized today by both procedural and substantive law of the land as a reliable way of dispute resolution of disputes arising out of Civil and Contractual obligations. It is further strengthened by recent initiative on E-filing by Supreme Court of India. METHODOLOGY The process is confidential and voluntary. Please
look at the demo online to understand how you register after being
directed to our Portal EARBITRATION.NET and then make complaint by
selecting the company and an arbitrator of the chosen five. The company
and arbitrator gets the mail and the window you have in front notes the
proceedings in distinct color to differentiate responses of arbitrator,
claimant and respondent. In time bound manner as provided in the RULES
of the portal EARBITRATION.NET. The
arbitrator passes an award, taking into consideration the rights and
obligations of the parties in relation to the circumstances of their
dispute. The whole procedure from e-filing of the Complaint to passing
of the Award will be conducted online and within a stipulated time
frame.. The
system is currently available in English. It will soon be available in
vernacular as well. EREGISTRY: This service will enable electronic service of notices and copies of the Claim and Replies, under an Arbitration agreement clause. It can be availed by Arbitrators, Advocates, Professionals and their Clients. It can be very effective way of cutting initial costs, travel time, etc. This system supports our new venture called EARBITRATION CENTERS; to be started soon in METROS. PEOPLE
BEHIND :: EARBITRATION.NET
is the initiative of Legal Vistas Consultancy Private Limited together
with panel of consultants of Lawyers, Chartered Accountants, Retired
Judicial Officers and private industry partners. The
secretariat of EARBITRATION.NET is located in New Delhi, India and is
managed by the company Legal Vistas Consultancy Private Limited that
specializes in the web-based facilitation of resolution of commercial
disputes. FEES Available on portal. SECURITY POLICY EARBITRATION.NET
takes every reasonable precaution to protect your information and data.
When you submit sensitive information via the website, your information
is protected both online and off-line. PRIVACY POLICY
|
|||||||||
|
|||||||||