The Applicant (Party 1) initiates the VCDR process for settlement of dispute by submitting the application. Here one Party or both Parties together can apply.
2
SUMMON
VCDR Team sends notice to other Party
At this stage The VCDR Team sends a written/email notice to the Respondent, i.e., Party 2, with the details of the case/dispute. When both Parties file the application then this stage is skipped.
3
UPLOAD
Parties share/upload the documents
At this stage the Parties and esp. Party 2 can upload all the relevant documents to present their side of the dispute.
4
EXAMINATION
Parties provide clarification as sought by PO
The Team reviews all the documents and information to prepare the case brief. The team may approach the Parties to seek further clarifications.
5
HEARING
Both Parties appear before Presiding Officer
Both the Parties appear virtually and present their case to the Presiding Officer (PO) through videoconference. PO adjudicates the case and help the Parties to arrive at a settlement of the dispute.
6
JUDGEMENT
Presiding Officer passes the Award/Order
Presiding Officer passes the award and both Parties execute the settlement agreement/MoU. The VCDR Team shares the executed copies with both the Parties.
