Cabinet gives nod to establish new Commercial High Court

INSUBCONTINENT EXCLUSIVE:
The Cabinet of Ministers, at its meeting on Monday (Oct
02), has given the nod to establish a new Commercial High Court.The proposal for a new Commercial High Court was presented to the Cabinet
meeting by the Minister of Justice, Prisons Affairs, Prisons Affairs - Constitutional Reforms, Wijeyadasa Rajapakshe.In a statement, the
government noted that achieving development goals requires taking necessary steps to maintain a better investment environment in the
country.Taking this into account, the government has identified the need for a new Commercial High Court to ensure expeditious disposal of
the existing backlog of commercial matters.Accordingly, the Cabinet of Ministers has approved the proposal to establish the said Commercial
High Court at No.80, Justice Avenue, Colombo 12.