Government submits bill to establish mercantile court
15 Aug 2011, 6:47 PM
Ahmed Nazeer
The government has introduced a Mercantile Court bill to the parliament with the purpose of establishing a separate court with a separate seal and special jurisdictions to solve disputes involving business transactions in the Maldives.
Maldivian Democratic Party (MDP) MP Mohamed Musthafa submitted the bill to parliament on behalf of the government.
According to the bill, the Mercantile Court will consist of a Construction Division, Banking and Financial Division, Tourism Division, Investment Division, Goods and Services Division and Proprietary Division.
The bill also gives the Chief Judge of the Mercantile Court the powers to include any other divisions that the court finds that it lacks.
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