Securities and Exchange Board of India (SEBI) to Launch Online Dispute Resolution

From Mohit Mokal’s blog:

“SEBI, the Securities and Exchange Board of India, has recently announced its plan to implement an online dispute resolution (ODR) mechanism for its stakeholders. The move aims to provide a more accessible and efficient dispute resolution process for investors and other market participants. This announcement came after the SEBI Board Meeting held on 29th March 2023, and the ODR mechanism will be implemented through a dedicated online platform, designed to offer easy access to investors, intermediaries, and listed companies for dispute resolution.

SEBI has been working tirelessly to improve the dispute resolution process, particularly by making it more efficient and swift. Currently, dispute resolution cases can take a long time to be resolved, causing frustration to investors and stakeholders. Hence, SEBI’s decision to enable online dispute resolution will allow investors and other stakeholders to submit their complaints online and have them resolved in a timely manner. SEBI is also committed to ensuring the security and reliability of the ODR process…”

Read more at https://mohitmokalmediation.blogspot.com/2023/05/sebi-to-enable-online-dispute.html

Upcoming Training: New Ethical Concerns and ODR Standards for Tech and ADR

On June 27, 2023 , CPR Dispute Resolution will offer a training program, “Tech and ADR: New Ethical Concerns and ODR Standards” presented by Leah Wing of the National Center for Technology and Dispute Resolution at UMass-Amherst and Janet Martinez of Stanford Law School.

Tech and ADR: New Ethical Concerns and ODR Standards

“The application of technology to dispute resolution has seen exponential growth in the shadow of the pandemic, particularly in the use of remote video conferencing. The disruptive nature of technology provides new opportunities for access to justice as well as new ethical issues for practitioners and processes. This workshop will explore case examples in light of legal obligations and professional ethical requirements for the use of technology in dispute resolution.The workshop will also examine ways to operationalize new ethical standards for the application of technology to dispute resolution.”

1.5 hours of non-transitional NY CLE in Ethics will be provided. For more information, visit https://www.cpradr.org/events/2023-ethics-training