SAROD-Ports: Dispute Resolution Mechanism for Maritime Sector
- On 10th September, 2020, the Union Ministry of Shipping launched dispute redressal mechanism-SAROD (Society for Affordable Redressal of Disputes)-Ports, to facilitate affordable and timely resolution of disputes for the maritime sector.
- In January, 2018, the government approved amendments in the Model Concession Agreement (MCA).The amendments in the MCA, envisaged constitution of SAROD-PORTS as dispute resolution mechanism for PPP Projects in the Major Ports.
About SAROD-Ports
- It is established under Societies Registration Act, 1860 with the following objectives:
- Affordable and timely resolution of disputes in fair manner
- Enrichment of Dispute Resolution Mechanism with the panel of technical experts as arbitrators
- It consists of members from ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Indian Agriculture: Initiatives & Achievements
- 2 Anti-dumping Duties
- 3 Framework for Rating of Properties for Digital Connectivity
- 4 SEBI Launches Securities Market Hackathon
- 5 Financial Conditions Index (FCI)
- 6 BSE Insurance Index
- 7 e-National Agriculture Market (e-NAM)
- 8 Maharashtra Grants Agricultural Status to Livestock & Poultry Farming
- 9 Multi Commodity Exchange Clearing Corporation Limited (MCXCCL)
- 10 IRDAI Forms Investigation Panels to Probe Regulatory Breaches