Online Arbitration In India
By Team Legistify / 2016-05-11
The increasing popularity and dependence on the internet throughout the world have increased the number of disputes arising from e-commerce, domain names registrations, etc. Thus, the internet can also be used in an effective manner to neutralize such issues by way of online arbitration.

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With technological advancement at its zenith, the number of e-commerce companies is growing to carry with its rising number of consumer disputes which need to be resolved in few weeks or month so that it doesn’t create a hassle for the effective functioning of such companies. India has two ways of dispute resolution system - either through litigation or through arbitration. Litigation is very expensive and time taking method of resolution of the dispute. However, Arbitration proves to be a speedy settlement mechanism. Despite 1996 Act, there is a backlog of civil cases pending. This mechanism can further be improved by adopting online Dispute Resolution System.

Online Arbitration as depicted by its name means a resolution of disputes by using technology. It has to be understood by Arbitration & Conciliation Act, 1996 and Information Technology Act, 2000. (Section 3 & 4)

Mechanism of Online Arbitration

Online arbitration comprises mainly of an arbitration agreement, arbitration proceedings and arbitral award.

Arbitration Agreement

The increasing popularity and dependence on the internet throughout the world have increased the number of disputes arising from e-commerce, domain names registrations, etc. Thus, the internet can also be used in an effective manner to neutralize such issues by way of online arbitration.

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!


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