Establishing a new Commercial High Court in Colombo has received Cabinet approval.
The government stated that achieving development goals requires taking the necessary steps to maintain a better investment environment in the country.
Considering that situation, it has been identified the need for a new Commercial High Court to ensure expeditious disposal of the existing backlog of commercial matters, it said.
Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Justice, Prisons Affairs and Constitutional Reforms to establish the said Commercial High Court at No.80, Justice Avenue, Colombo 12. (NewsWire)