Mission: Diverting India towards Arbitration
In India, due to lack of permanent arbitration infrastructure, everyday lacs of disputes are approaching courts with the hope of justice but due to a huge pendency in courts people are suffering from delay in justice and they are losing their hard-earned money, valuable time and facing burden of uncertainty. Now after a great delay, India with the efforts of Government is moving towards adopting arbitration, with this we have made our mission and have taken responsibility to divert India towards arbitration.
The fast and rapid shift from litigation to arbitration is reflected in the actions of the government who is the ‘biggest litigant’ in the country by being a party in 46% cases out of 3 crore pending cases. The Government of India and various State Governments through regular notifications has asked all the departments to adopt arbitration instead of litigation. This will have a major impact on the fresh and on-going litigation to move towards arbitration generating new and huge opportunities for professionals like lawyers/Charted Accountants/ Company Secretaries/ Tax Practitioners/MBA’s etc.
Nyaya Portal will help in reducing the burden of the courts and cater this huge shift from litigation to arbitration, by providing a Pan India level infrastructure for institutional arbitration.