Major Ports Adjudicatory Board Rules are notified by the Center
PORTS & SHIPPING

Major Ports Adjudicatory Board Rules are notified by the Center

The Major Ports Adjudicatory Board Rules, 2023, have been announced by the centre. This organisation will serve as a regulator for the 12 major ports in the nation. According to a Gazette notice, this body will now be scrutinising the policy used by major ports to set their tariffs, taking over for the tariff authority for major ports. On the proposal of a selection committee made up of the Chief Justice of India, the Secretaries of Shipping, and the Department of Personnel and Training, the Presiding Officer and members of the Adjudicatory Board shall be chosen by the central government.

The same authority granted to a civil court shall also be granted to this adjudicatory body. Its job is to evaluate and examine the center-identified strained public private partnership projects and make recommendations for how to bring them back to life. The rights and obligations of major ports and public private partnership concessionaires or captive users for dedicated berth within the context of their concession agreements are also subject to adjudication by this board.

After hearing from the parties involved, the board may issue any orders necessary in response to complaints received from port users regarding the services and terms of service provided by the major ports or the private operators operating in the major ports. In addition, it may investigate any other issue pertaining to the major port's operations that the center may recommend.

The Major Ports Adjudicatory Board Rules, 2023, have been announced by the centre. This organisation will serve as a regulator for the 12 major ports in the nation. According to a Gazette notice, this body will now be scrutinising the policy used by major ports to set their tariffs, taking over for the tariff authority for major ports. On the proposal of a selection committee made up of the Chief Justice of India, the Secretaries of Shipping, and the Department of Personnel and Training, the Presiding Officer and members of the Adjudicatory Board shall be chosen by the central government. The same authority granted to a civil court shall also be granted to this adjudicatory body. Its job is to evaluate and examine the center-identified strained public private partnership projects and make recommendations for how to bring them back to life. The rights and obligations of major ports and public private partnership concessionaires or captive users for dedicated berth within the context of their concession agreements are also subject to adjudication by this board. After hearing from the parties involved, the board may issue any orders necessary in response to complaints received from port users regarding the services and terms of service provided by the major ports or the private operators operating in the major ports. In addition, it may investigate any other issue pertaining to the major port's operations that the center may recommend.

Next Story
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement