New Delhi, June 30 -- Two private online dispute resolution (ODR) companies-Mumbai-based Presolv360 and Hyderabad-based Amika Arbitration and Mediation Centre-are likely to enroll as service providers on the government's new ODR portal, they said, fuelling hopes of swift, out-of-court resolution of disputes.

The portal was launched on 27 June to cater to micro and small enterprises that are the worst hit by delayed payment disputes. These disputes occur when these enterprises do not receive payments for over 45 days for goods and services sold to large businesses.

The portal was launched by the ministry of micro, small and medium enterprises (MSME).

As per provisions of the MSME Development Act, 2006, MSEs need to raise a complaint wit...