Cabinet clears amendments to Arbitration Act

Last Updated: Wednesday, August 5, 2015, 22:39

Seeking to ensure faster settlement of commercial disputes, Cabinet Wednesday cleared a proposal to amend the Arbitration Act which sets a fixed timeline for arbitrators to resolve cases.

Govt amends law on arbitration to attract investment

Last Updated: Tuesday, December 30, 2014, 16:36

Amid its keenness to attract the maximum foreign investment, the government has sent out a signal to international business community by amending the Arbitration Act to make it mandatory for a judge presiding over commercial disputes to settle cases within nine months.

Bangladesh gets arbitration centre for commercial disputes

Last Updated: Sunday, April 10, 2011, 14:10

Its the first arbitration centre in Bangladesh to tackle commercial disputes.

High courts to get special wings for commercial disputes: Moily

Last Updated: Sunday, February 6, 2011, 17:39

Voicing his concern over the increasing trend in commercial litigation, Law Minister M Veerappa Moily said this was taking up most of the time of courts.