Explore Business Standard
Dispute Board System
The government on Friday invited applications to fill up two vacancies for the post of members in the National Consumer Disputes Redressal Commission (NCDRC). NCDRC is a quasi-judicial body established under the Consumer Protection Act, 2019. The Commission is headquartered in New Delhi. The Union Ministry of Consumer Affairs has invited applications only through online mode. Applicants can apply from September 17, onwards through jagograhakjago.gov.in/ncdrc, an official statement said. The deadline for submission of applications is October 16 this year, it added. A search-cum-selection Committee, constituted under the Tribunal Reforms Act 2021 for recommending names for appointment to the said post, will scrutinize the applications. The qualifications, eligibility, salary and other terms and conditions of the appointment of a candidate will be governed by the provisions of the Tribunal Reforms Act and the Tribunal (Conditions of Service) Rules, 2021. The final selection will be
Contractual disputes are known to delay the implementation of infrastructure projects, increasing the project cost. A concurrent mechanism for resolving these before arbitration or litigation, termed 'Dispute Board' (DB) is globally popular.In America, around 95 per cent of such disputes get resolved through the DB way. The mechanism was introduced in India as early as 1994, by the World Bank. However, its effectiveness in resolving such disputes is barely five per cent, say experts.Having a DB is a mandatory part of a contract in any project financed by the World Bank and several international financial institutions. "Even in those contracts where DBs are mandatory, parties to the contract resist constituting these or try to bypass it," says Shanker Lal, senior procurement specialist at the Bank's Governance Global Practice. There are 100-odd projects funded by the World Bank under implementation in India, with loan commitment of $27 billion.According to O P Goel, a member of the Indi