Judiciary is one of the most powerful institutions in our country as it is a body responsible for deciding the collective destiny of over one billion people who are diverse in many respects, yet united under a democratic constitution.
However, during the six decades of its functioning it has received more brickbats than bouquets.
- Shortage of judges is one of the formidable challenges which the judiciary is facing for a long time now. This problem appears to have gotten so dire that there aren’t easy policy prescriptions to fix it. The reforms required to fix the problem, range from modest (increasing working days or the length of court sittings) to more complex (increasing overall efficiency and transparency).
- The Ministry of Law and Justice,has in fact listed the reasons for pendency and overburdening of judiciary, few of them being the increasing number of state and central legislations, vacancies of judges, number of revisions/appeals, frequent adjournments, indiscriminate use of writ jurisdiction and lack of adequate arrangement to monitor, track and bunch cases for hearing.
- As per the calculation of an expert, in case no new case is filed at the court, then also it would take 324 years to decide all the piled up cases!
- To cover a backlog of over a million cases, pending in the High Courts and Subordinate courts, the Indian judicial system inducted 1,734 Fast Track Courts, via Eleventh Finance Commission. However, in spite of the introduction of Fast Track Courts there was no apparent speeding up of judicial setup. One of the reasons for this was staff crunch, which prevented the courts from functioning in a time-bound manner. Also, it led to excessive burden on public prosecutors. There are instances when a prosecutor had two or more cases being listed at the same time but in different courts!
- Also, the gap between the dates of hearing extends to several years, thereby increasing the pendency of cases. Moreover, an increase in the reporting of certain crimes such as crime against women has led to a rise in the workload of the judiciary.
- That said, inadequate strength of the police force has also played its part in the piling up of cases before the courts. The Law Commission report said that speedy investigation by the police has not been achieved due to reasons ranging from corruption within the system to the apathetic attitude of the officers.
With all of this, the wheels of judiciary may have slowed down. Now in order to speed up the process and also to save lot of time and energy from the resource consuming judicial system of India, the new methods of dispute resolution has been initiated like Mediation and Conciliation. Today we are presenting the exclusive interview of a very amazing startup with the name Tracknext.com. Tracknext.com a place for your out of court settlements. They are doing our best to create awareness about the laws of Arbitration, Mediation and Conciliation. Lets see how this young startup is helping people to resolve their disputes without going through lengthy legal process.
1.What is the Name of Your Venture? Any specific reason for this name?
Tracknext.com a place for your out of court settlements. We find this name suitable because next generation people do not go to court for civil disputes. We are doing our best to create awareness about the laws of Arbitration, Mediation and Conciliation.
2.Who is your target Audience/clients?
Freelancers and SME’s who face financial losses due to disagreement with their customers.
3.Where is your venture based (city, state, country) & What are your geographical target areas?
Our services are online through our website. To avail our services you need to be aadhaar card holder.
4.What problems does your venture resolve? What are your products or services?
Tracknext is an entity created to protect the legal interests of SMEs and freelancers from frequent threats of fraudulent deals. Availing services from us ensures peace of mind and empowers our clients to focus more on their areas of expertise.
5.Share the idea or story behind the venture. How did it came to an existence? What motivated you to start your own venture?
Since going to Court is very expensive and time consuming. I was searching for binding our contracts. Then we came across this Arbitration act. I think, We are not aware about the fact that we can do create a binding agreement when we have arbitration clause in the agreement. This motivate us to create our own venture.
6.Who are your biggest competitors and how do you differentiate yourself from them?
This is nothing new in India. We have panchayat in all villages. This is nothing just a online version of such system but in a specific domain.
7.How did you identify your co-founder? Tell us something about your co-founder/sMy co-founders are from technical and legal background. They are expertise in the field of Case Management. Dhiraj looks after legal matters and Amit is working on the coding part. We also have Nishant who is looking after User Experience design and Prarthana will look after content creation.
Our advisors are
Lawyer Supreme court of India
Javed Rahat Khan
Advocate Supreme court of India
Litigation & Arbitration Advocate, Advisor, GST Author
Dr. Rishi Kulshresth
Practicing Lawyer & IPR Consultant
Advocate – Delhi High Court, Delhi
8.How did you hired your first team members? What skills Do you want in your employees/team?
We love people who want to learn. Skills can be developed over a period of time. They must be graduate from good schools and colleges. We also look into their family background.
9.What expansion plans are you looking for the next 2 years, next 5 years?
We want to become pioneer and expertise in the field of arbitration, mediation and conciliation.
10.Where do you want to see yourself in next 10 years?
We want to give expertise service for the employee dispute resolution. Between employees dispute mediation.
11.What are your goals over the next 1, 3, 6 and 12 months?
Shot goal is to create awareness among business society.
12.Have you raised any funding? Or have any plans for the funding?
Yes, We are open for funding.
13.What were the problems you faced during the starting days and how did you resolve them?
We are working on the awareness program before creating revenue.
14.What was the most challenging part of your journey till now? How did you overcome those challenges?
We have an expertise panel of advisors for challenges. We are facing different challenges but our advisors are helping us.
15.Are you married, single or in a relationship?
16.What are your hobbies? What do you do in your non-work time?
Reading online blogs and books.
17.Whats your favorite food & holiday destination?
Non-veg and Hill Station.
18.Whom do you consider your idol or biggest motivator?
My parents and customers.
19.What do you feel is the major difference between entrepreneurs and those who work for someone else?
Noting. Except risk taking ability.
20.If you had the chance to start your career over again, what would you do differently?
Search for new problem within the society.
21.How has being an entrepreneur affected your family & Social life?
I enjoy my family and social life. Not affected yet.
22.Anything, you would like to say to our readers or upcoming entrepreneurs?
Do it or Do it. Do not look back. Forget your mistake remember learning from your mistake and help each other.
23.Tell us something about your education & family background.
B.Tech & MBA also certified in various small courses. My dad is in Reserve Bank and Mother is Housewife now. She has also done B.Ed. Experience in teaching in schools and colleges.
24.What is your USP which makes it unique & different from other start-ups in similar domains.
We are the first who take step in this area of Arbitration or Out of Court settlements online for Digital contracts.
25. What do you think is the biggest threat to the success of small businesses & Start-ups today?
Trust and Loyalty. We will help them to create better environment to get their work paid on time and without dispute.
26. Do you consider yourself successful and by what means do you measure success?
Our success is solving dispute and working with right of equality for all.
27.Please share complete name, address, phone number, email id & website of Your Business & Contact Person