Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
A binding dispute-resolution stage reached through the online dispute resolution mechanism once conciliation has failed.
Binding, far cheaper than court, and measured in months where a civil suit is measured in years. What it runs on is the paper trail you kept.
The decision of an arbitral tribunal, enforceable as a decree once the grounds for challenging it are exhausted.
A change in probability, not a receipt. It can be challenged in court, a public-sector counterparty frequently will, and the money can be years behind the announcement.
Online Dispute Resolution — the online route for conciliation and then arbitration of an investor's dispute with a market intermediary.
The stage after SCORES and before the courts. Binding, far cheaper than litigation, and it exists precisely because a civil suit is not a realistic remedy for a ₹40,000 dispute.