Sebi’s SMART ODR platform, designed to integrate online conciliation and online arbitration for dispute resolution within the securities market, has opened its doors to all market participants for registration. Launched earlier this month, the SMART Online Dispute Resolution (ODR) platform offers a unified approach to resolving conflicts in the securities domain.
To access the SMART ODR platform, individuals can visit the URL https://smartodr.in/login. This innovative initiative by the regulatory body aims to streamline the conciliation and arbitration process, making dispute resolution more efficient within the securities market.
Upon its launch on August 4, the platform extended invitations to trading members and listed companies to enroll by following a straightforward six-step registration procedure. However, as of the latest circular issued on August 16, the exchanges have now opened the platform’s registration services to all market participants. This expansion enables a broader range of stakeholders to register and undergo account verification processes.
In accordance with the Securities and Exchange Board of India (Sebi) circular dated July 31, 2023, market participants are strongly advised to complete the registration process within the specified timelines. This strategic move is geared towards expediting dispute resolution procedures and enhancing overall market efficiency.