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‘SAROD Ports’

  • Category
    Economy
  • Published
    22nd Sep, 2020

The government recently launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes - Ports) through a virtual ceremony to sort out dispute in the Maritime Sector.

Context

The government recently launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes - Ports) through a virtual ceremony to sort out dispute in the Maritime Sector.

About

What is SAROD-Port?

  • SAROD-Port is a dispute redressal mechanism for all kinds of disputes related to the maritime sector.
  • It consists of members from the-
    • Indian Ports Association (IPA)
    • Indian Private Ports and Terminals Association (IPTTA)
  • SAROD-Ports have been established under the Societies Registration Act, 1860 with the objectives of affordable and timely resolution of disputes in a fair manner, Enrichment of Dispute Resolution Mechanism with the panel of technical experts as arbitrators.
  • ‘SAROD-Ports’ is similar to the provision available in the highway sector in the form of SAROD-Roads constituted by the National Highways Authority of India (NHAI).

Background

  • The Union Cabinet has approved amendments in the Model Concession Agreement (MCA) in January 2018.
  • The amendments in the MCA envisaged the constitution of SAROD-PORTS as a dispute resolution mechanism for PPP Projects in major ports.

Functions of the SAROD-Ports

  • It will advise and assist in the settlement of disputes through arbitrations in the maritime sector, including ports and shipping sector in Major Port Trusts, Non-major Ports, including private ports, jetties, terminals, and harbours.
  • It will also cover disputes between granting authority and Licensee/Concessionaire/Contractor and also disputes between Licensee/Concessionaire and their contractors arising out of and during the course of execution of various contracts.

Significance of the development

  • It will become the pivotal mechanism of ummeed (hope), vishwas (trust) and nyay (justice) in the Port sector Enforcement of concession agreements in the letter and spirit is on the utmost priority.
  • SAROD-Ports will resolve the disputes in a fair and just manner while saving a huge amount of legal expenditure and time.
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