dubai ruler issues law on difc courts
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Dubai Ruler issues law on DIFC Courts

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Dubai Ruler issues law on DIFC Courts

DIFC Courts
Dubai - Arab Today

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2017 partially amending Law No. (12) of 2004 on the Judicial Authority at Dubai International Financial Centre Courts (DIFC Courts).

In addition to civil and commercial claims, the new amendment expands the jurisdiction of DIFC Courts to include labour claims and actions arising out of labour contracts signed between DIFC companies and establishments and their employees.

The new Law amends the provisions of Article No. (5) of Law No. (12) of 2004 regarding the jurisdictions. The Article’s amendment includes the jurisdiction of the Court of First Instance, the jurisdiction of the Court of Appeal, the litigation procedures and the authorities of the execution judge.

The Court of First Instance will have exclusive jurisdiction to hear and determine the civil, commercial and labour claims and actions to which the DIFC or any DIFC body, DIFC establishment or licensed DIFC establishment is a party. The Court of First Instance shall have exclusive jurisdiction to hear and determine the civil, commercial and labour claims and actions arising out of or relating to a contract or promised contract, whether partly or wholly concluded, finalised or performed within DIFC, or performed or is supposed to be performed within DIFC pursuant to express or implied terms stipulated in the contract.

The Court of First Instance shall have exclusive jurisdiction to hear and determine the civil, commercial and labour claims and actions arising out of or relating to any incident or transaction, which has been wholly or partly performed within DIFC and is related to DIFC activities; or otherwise appeals against decisions or procedures made by DIFC bodies where DIFC Laws and DIFC Regulations permit such appeals and claim or action over which the Courts have jurisdiction in accordance with DIFC Laws and DIFC Regulations.

The Court of First Instance may hear and determine any civil or commercial claims or actions where the parties agree in writing to file such claim or action with it whether before or after the dispute arises, provided that such agreement is made pursuant to specific, clear and express provisions. The Court of First Instance may hear and determine any civil, commercial and labour claims or actions falling within its jurisdiction if the parties agree in writing to submit to the jurisdiction of another court over the claim or action but such court dismisses such claim or action for lack of jurisdiction. The Court of First Instance may not hear or determine any civil, commercial and labour claim or action in respect of which a final judgment is rendered by another court.

The new Law also amends the provisions of Article No. (5) of Law No. (12) of 2004 regarding the Jurisdiction of the Court of Appeal.

The Court of Appeal shall have exclusive jurisdiction to hear and determine appeals filed against judgments and decisions made by the Court of First Instance and request of interpretation by the Chief Justice of the Courts of any article of the DIFC Laws and DIFC Regulations upon an application submitted to him from any DIFC body, DIFC establishment or Licensed DIFC establishment; such interpretation shall have the same authority as the interpreted legislation. Judgments rendered by the Court of Appeal shall be final and conclusive, and shall not be subject to appeal.

The procedure outlined in the Rules of the Courts shall apply to civil, commercial and labour claims and actions heard by DIFC Courts and the Chief Justice of the Courts shall assign one or more of the Courts’ judges as execution judges.

Law No. (5) of 2017 is effective from the date of issuance and will be published in the Official Gazette.

The new Law boosts DIFC’s position as a global hub that attracts leading companies and talent in the financial industry. The law also helps to facilitate litigation procedures for employees based in DIFC.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dubai ruler issues law on difc courts dubai ruler issues law on difc courts

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dubai ruler issues law on difc courts dubai ruler issues law on difc courts

 



GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 06:18 2017 Saturday ,25 November

Singer Assy Al Helani calls Lebanese people

GMT 04:21 2018 Saturday ,06 January

Face Yoga could be the answer to looking younger

GMT 14:10 2016 Monday ,19 September

Borneo loggers swap chainsaws

GMT 08:10 2017 Thursday ,29 June

Dubai Economy, Souq.com launch

GMT 12:26 2014 Tuesday ,12 August

Feng shui can boost your energy level

GMT 08:46 2017 Saturday ,21 October

Fati Jamali proud for representing Morocco

GMT 07:31 2017 Thursday ,10 August

PareMinerals to launch Statement lip collection

GMT 09:47 2016 Friday ,02 September

China Hushen 300 index futures open mixed Thursday

GMT 02:27 2011 Tuesday ,22 March

Oil Market Forecast and Analysis

GMT 06:59 2017 Saturday ,21 January

Training official praised the measures

GMT 14:52 2017 Sunday ,19 March

Badra Qallol reveals 200 women

GMT 14:13 2017 Sunday ,28 May

Buying gold? It's at a two-week high

GMT 20:52 2017 Tuesday ,12 December

'New sense of optimism' in Brexit talks

GMT 23:38 2017 Wednesday ,14 June

Designers make new accessory to tie

GMT 15:42 2011 Thursday ,20 October

Women fear over Islamist intentions
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice