Webinar: Unlocking ODR to Enhance the Ease of Doing Business by CII, NITI Aayog, Agami & Omidyar Network India [Aug 8, 2-4:30 PM]: Register Now!

On August 8th from 2:00-4:30 pm, the Confederation of Indian Industry (CII) and NITI Aayog in association with Agami and Omidyar Network India are bringing together business leaders, heads of top law firms and leading general counsels for a conversation on “Unlocking Online Dispute Resolution (ODR) to Enhance the Ease of Doing Business”.

This conversation aims to articulate the industry interest in ODR, identify promising commercial use cases and encourage businesses to forge pathways for greater adoption. Please see here for the agenda and here for a primer on ODR and the opportunities for ODR at its highest potential.

What is ODR (Online Dispute Resolution)?

ODR is the resolution of disputes outside of court, particularly small and medium-value cases, using digital technology and techniques of alternate dispute resolution (ADR), such as negotiation, mediation, and arbitration.

While courts are becoming digitised through the efforts of the judiciary, more effective, scalable, and collaborative mechanisms of containment and resolution are urgently needed. ODR can help resolve disputes efficiently and affordably.

Noteworthy participants in this meeting

  1. J. B. N. Srikrishna, Former Judge, Supreme Court of India
  2. Chandrajit Banerjee, Director General, CII
  3. Amitabh Kant, CEO, NITI Aayog
  4. Sanjiv Bajaj, Vice President, CII & Chairman & Managing Director, Bajaj Finance
  5. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas
  6. Pramod Rao, Group General Counsel, ICICI Bank
  7. Shilpa Kumar, Investment Partner, Omidyar Network India
  8. Poornima Sampath, Vice President, TATA Sons
  9. Deep Kalra, Group CEO, Make My Trip
  10. Amit Kapur, Joint Managing Partner, J. Sagar Associates
  11. Krishnava Dutt, Managing Partner, Argus Partners
  12. Ajay Bahl, Co-founder & Managing Partner, AZB & Partners
  13. Manish Sabharwal, Co-founder and Chairman, Team Lease

To receive the link to the meeting stream, you are requested to RSVP here.

Since the onset of COVID-19, with a pause in economy, we have seen a spurt in defaults and disputes: most notably in lending, credit, property, commercial and retail. ICRA estimates a 50-100% increase in default rates and credit costs from retail, vehicular and small business loans.

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This has instilled an urgent need for ODR that requires us to act decisively and work towards expedient resolution of these disputes. Therefore, encouraging, adopting and institutionalizing expedient dispute resolution processes will facilitate the ease
of doing business, and also enhance access to justice.

The second meeting in a series of meetings to accelerate ODR adoption in India

On June 6, 2020, NITI Aayog in association with Agami and Omidyar Network India hosted the first multistakeholder meeting with senior judges of the Supreme Court, Secretaries from key ministries, leaders of industry, legal experts, and general counsels of leading enterprises to advance Online Dispute Resolution in India and to explore opportunities for ODR.

The seminal meeting generated tremendous recognition of the opportunity that ODR presents in India. The key takeaways from the meeting may be found here.

Important Links

Link to RSVP for the meeting

Primer on ODR

Meeting Agenda

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