News and Insight
40 posts found
IntroductionOral testimony of witnesses has long been admissible as a form of evidence in courts of Maldives. The Evidence Act 2022 (EA) contain extensive rules governing oral evidence, some...
IntroductionThe 1st Amendment to the Policy on limits for construction projects awarded through National Tender (Guideline No: 2023/G-1) came into force on 11th January 2023. This amendment...
IntroductionThe Evidence Act 2022 (Act No. 11/2022) which was enacted on 18 July 2022 repealed the Evidence Act 1976 (Act No. 24/76) and Women’s Testimony Act (Act No. 14/72). The Evidence A...
IntroductionThe Government has published a new policy (Policy No: 2022/G-43) on 18 December 2022 regarding issuing sovereign guarantees in financing transactions.The most notable change is t...
IntroductionThose following the case closely would be aware that the High Court in Sun Travels and Tours Pvt Ltd v Hilton International Manage (Maldives) Private Limited [2022/HC-A/26] held...
IntroductionLIBOR has been met with controversy and declining popularity since the 2008 financial crisis. Critics postulate that its calculation mechanism allows lenders to manipulate LIBOR....
IntroductionThe 1st Amendment to the Cross Subsidy Regulation (Regulation No: 2022/R-247) came into force on 21st December 2022. This amendment has been brought into effect to change the pos...
IntroductionGuideline on resolving disputes arising out of public-private agreements (Policy No: 2022/G-42) (“Dispute Settlement Policy”) was published in the Government Gazette on 28th Nove...
Introduction On 16 June 2022, High Court of the Maldives issued its Regulation on Civil Procedure (Regulation no: 2022/R-101) (“Regulation”) which establishes a procedural framework for the...
Introduction Regulation on Construction Period Extension and Deferment of Rent and Fines (Regulation No. 2022/R-236) (“CP Regulation”) was published in the Government Gazette on 6 December 2...