Establishment of Commercial Courts in line with the Principle of Speed in Court Proceedings

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MAFI HOMAYOUN; Afshar Vangini Rahman

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Journal Paper

Paper Information

Journal: QUARTERLY OF LEGAL ENCYCLOPEDIAS Year:2022 | Volume:5 | Issue:14 Page(s): 160-184

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Information Journal Paper

Title

Establishment of Commercial Courts in line with the Principle of Speed in Court Proceedings

Author(s)

MAFI HOMAYOUN | Afshar Vangini Rahman | Issue Writer Certificate

Keywords

Principle of speed

Commercial procedure

Commercial court

Role of speed in trials

Abstract

One of the criteria for evaluating a fair trial is speed in court proceedings. In cases where a dispute concerns commercial matters, the speed of the court proceedings gains great significance. In some countries, Commercial courts have been established to expedite court proceedings in cases dealing with commercial disputes, increasing the accuracy and quality of court proceedings. In the current age, when human progress in various fields, including commercial law is undergoing exponential growth, on the one hand disputes arising from interactions between different fields have become particularly complex and their settlement requires the application of numerous specialties, on the other hand, the court process is expensive and time-consuming. Since speed is an inherent feature of business, trial length in commercial proceedings can leads considerable financial loss to the trader. Therefore, in foreign investment, in choosing a country to invest in, businessmen, in addition to evaluating its security and economic stability, also pay close attention to the possibility of quick settlement of trade disputes. Therefore, overlooking this issue may greatly damage the country's economy. Thus, the present article seeks to analyze the concept of the Principle of speed, examining the need to establish Commercial courts and their role in commercial proceedings.

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APA: Copy

MAFI, HOMAYOUN, & Afshar Vangini, Rahman. (2022). Establishment of Commercial Courts in line with the Principle of Speed in Court Proceedings. QUARTERLY OF LEGAL ENCYCLOPEDIAS, 5(14 ), 160-184. SID. https://sid.ir/paper/962591/en

Vancouver: Copy

MAFI HOMAYOUN, Afshar Vangini Rahman. Establishment of Commercial Courts in line with the Principle of Speed in Court Proceedings. QUARTERLY OF LEGAL ENCYCLOPEDIAS[Internet]. 2022;5(14 ):160-184. Available from: https://sid.ir/paper/962591/en

IEEE: Copy

HOMAYOUN MAFI, and Rahman Afshar Vangini, “Establishment of Commercial Courts in line with the Principle of Speed in Court Proceedings,” QUARTERLY OF LEGAL ENCYCLOPEDIAS, vol. 5, no. 14 , pp. 160–184, 2022, [Online]. Available: https://sid.ir/paper/962591/en

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