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New Rules to Enhance DIFC Dispute Resolution
DUBAI - The DIFC Courts, the Dubai International Financial Centre’s independent, common law judicial system, has announced the addition of two new parts to their rules, known as RDC, to further enhance the suite of dispute resolution services available at the DIFC.
The new Part 53 of the RDC describes the framework for claims before the Small Claims Tribunal, or SCT, which is designed to fast-track disputes under Dh100,000. Cases in the SCT are resolved in an expeditious, cost efficient manner without the need for lawyers. “The small claims tribunal rules were created following extensive consultation and review of international best practices. The newrules provide a clear framework for court users through all stages of the small claims tribunal process,” Amna Al Owais, Registrar of the DIFC Courts’ Small Claims Tribunal, said.
The new Part 43 of the RDC was developed to provide case parties with a framework and procedures for efficient arbitration. Part 43 sets out the procedures relating to claims arising from arbitrations conducted in the DIFC-LCIA Arbitration Centre. This sets out the general powers of a supervisory court, including interim applications as well as enforcement and ratification of arbitration awards.
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